id: 278, Created by Stan Vick Chase, Scout
Liberty Oilfield Services
How it works?
- Company agreed to pay compensation to its investors, to avoid further litigation
- We help you to prepare documents and file for compensation
Claim deadline for this case already passed by, but we can still try and file for compensation for you
11 Jan 2018Class period Start
03 Apr 2020Class period End
16 Sept 2022Claim 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."
The Rosen Law Firm
Raymond P. Moore
Strategic Claims Services
Court hearing date
07 October 2022
Any Liberty shares sold at or above the IPO price of $17 per share are not eligible for recovery.
+$3,900,000Total Settlement Amount