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LBRT.US
id: 278
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
D. Colorado
Court
11 Jan 2018
Class period Start
03 Apr 2020
Class period End
16 Sept 2022
Claim deadline
Correa, et al., v. Liberty Oilfield Services Inc.
"The Action involves allegations that Defendants violated certain federal securities laws by making alleged misrepresentations and omissions of material fact in the offering documents issued in connection with Liberty’s IPO. The complaint alleges, among other things, that Liberty’s Registration Statement failed to disclose the existence of oversupply in the fracking industry at the time of the IPO, and falsely stated that Liberty was experiencing pricing increases. Defendants have denied and continue to deny each, any and all allegations of wrongdoing, fault, liability or damage whatsoever asserted by Plaintiffs. The Settlement shall in no event be construed as, or
deemed to be evidence of, liability, fault, wrongdoing, injury or damages, or of any wrongful conduct, acts or omissions on the part of any of the Released Parties, or of any infirmity of any defense, or of any damages to Plaintiffs or any other Settlement Class Member."
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Plaintiffs
CIPRIANO CORREA
Attorneys
The Rosen Law Firm
Judge
Raymond P. Moore
Administrator
Strategic Claims Services
Court hearing date
07 October 2022
Settlement conditions
Any Liberty shares sold at or above the IPO price of $17 per share are not eligible for recovery.
+$3,900,000
Total Settlement Amount

Liberty Oilfield Services

Liberty Energy Inc. provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturi...

    Ticker
    LBRT.US
    ISIN
    US53115L1044
    CIK
    1694028
    Sector
    Energy
    Industry
    Oil & Gas Equipment & Services
    Country
    USA
    Address
    950 17th Street, Denver, CO, United States, 80202