WFRD.US
id: 1274
Weatherford (WFRD) $140M SEC Fair Fund
Late claims are being considered for compensation, subject to approval.
SEC
Court3-17582
Case number02/25/2009
Class period Start11/12/2012
Class period End09/26/2024
Claim deadlineWeatherford (WFRD) pays $140M to investors through the SEC Fair Fund to settle claims of issuing false financial statements that inflated earnings by over $900M.
Case Status
Accepting Late Claims
Alleged Offence
Mismanagement,
Misleading Statements,
Omissions
Suspected Party
Directors,
Management
Security Type
Stocks
Trade Direction
Long
Plaintiffs
SEC
Defendants
James Hudgins, Darryl Kitay
Administrator
EPIQ
Trades matching type
FIFO
+$140,364,067
Cash Settlement Amount