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Weatherford

In Re Weatherford International Securities Litigation, No. 11-CV-1646 (S.D.N.Y) The Law Offices of Curtis V. Trinko, along with co-counsel, represents lead plaintiffs American Federation of Musicians and Employers’ Pension Fund in this securities class action against defendants Weatherford International Ltd., several of its most senior executives, and Weatherford’s purported independent auditor, Ernst & Young.

In Re Weatherford International Securities Litigation, No. 11-CV-1646 (S.D.N.Y) The Law Offices of Curtis V. Trinko, along with co-counsel, represents lead plaintiffs American Federation of Musicians and Employers’ Pension Fund in this securities class action against defendants Weatherford International Ltd., several of its most senior executives, and Weatherford’s purported independent auditor, Ernst & Young. The action seeks to recover damages for the defendants’ materially false and misleading statements regarding Weatherford’s income, net earnings, effective income tax rate, and other key financial information. These misstatements ultimately resulted in Weatherford’s having to restate approximately $500 million in falsely reported net income expense. Plaintiffs’ complaint withstood a motion to dismiss, and discovery is ongoing.


Practice Areas

  • Securities Class Actions
  • Consumer Class Actions
  • Derivative & Breach of Fiduciary Duty Claims
  • Commercial Litigation
  • Business Organization
  • General Business Litigation

 

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