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WFRD.US
id: 1274

Weatherford (WFRD) $140M SEC Fair Fund

SEC
Court
3-17582
Case number
25 Feb 2009
Class period Start
12 Nov 2012
Class period End
26 Sept 2024
Claim deadline
Weatherford (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
Preliminary Approved Settlement
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

Weatherford International PLC

Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas...

    Ticker
    WFRD.US
    ISIN
    IE00BLNN3691
    CIK
    1603923
    Sector
    Energy
    Industry
    Oil & Gas Equipment & Services
    Country
    USA
    Address
    2000 St. James Place, Houston, TX, United States, 77056