GCG
Updated 3 days ago
P.O. Box 10038 Dublin, Ohio 43017-6638
PLEASE NOTE: This Action is not the same class action as the one entitled, Freedman v. Weatherford International, Ltd., et al., 12-CV-02121-LAK-JCF (S.D.N.Y.), which has not been settled. For information about the Freedman case, please visit www.weatherford2012securitieslitigation.com...
A proposed settlement has been reached in the In re Weatherford International Securities Litigation (the "Action") by the Court-appointed Lead Plaintiff American Federation of Musicians and Employers' Pension Fund and named plaintiff Georgia Firefighters' Pension Fund (together, "Plaintiffs" or "Settlement Class Representatives"), with defendants Weatherford International Ltd. ("Weatherford"), Bernard J. Duroc-Danner, Andrew P. Becnel, Jessica Abarca and Charles E. Geer, Jr. (collectively, "Defendants") for $52,500,000 in cash. The proposed settlement is subject to Court approval.
Also known as: Weatherford International Securities, Weatherford International, Ltd.