Press release
Lawsuit filed for Investors in shares of Weatherford International plc (OTC: WFTIQ)
A lawsuit was filed on behalf of investors in Weatherford International plc (OTC: WFTIQ) shares.
Investors who purchased a significant amount of shares of Weatherford International plc (OTC: WFTIQ) have certain options and for certain investors are short and strict deadlines running. Deadline: November 5, 2019. OTC: WFTIQ investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Switzerland based Weatherford International plc, an oilfield service company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. Weatherford International plc, an oilfield service company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide.
Then on May 10, 2019, Weatherford International plc announced it expected to file for Chapter 11 bankruptcy protection.
Shares of Weatherford International plc (OTC: WFTIQ) closed on September 6, 2019 at $0.198 per share.
The plaintiff claims that between October 26, 2016 and May 10, 2019, the Defendants made materially false and misleading statements and omitted material adverse facts concerning Weatherford’s “recovery” and “transformation plan” and, relatedly, the Company’s ability to manage its debt and avoid bankruptcy. As a result of the Defendants’ false and misleading statements and omissions, Weatherford’s securities traded at artificially inflated prices between October 26, 2016 and May 10, 2019.
Those who purchased shares of Weatherford International plc (OTC: WFTIQ) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lawsuit filed for Investors in shares of Weatherford International plc (OTC: WFTIQ) here
News-ID: 1832636 • Views: …
More Releases from Shareholders Foundation
Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE: …
An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…
Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …
An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced.
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …
An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…
Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025
A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc.
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…
More Releases for Weatherford
Perforating Gun Market Is Booming Worldwide | Schlumberger, Halliburton, Weather …
The "Perforating Gun Market" intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Perforating Gun Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured…
Intelligent Completion Market Growth Framework 2028 | Schlumberger, Weatherford
Intelligent Completion Market: Overview
Intelligent completions consist of surface-controlled downhole control valves and permanent downhole sensors, helping you to evaluate, monitor, and mange production actively in real-time with no intervention in well. Information is transmitted to surface so as to remote or nearby monitoring.
Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4083
Intelligent Completion Market: Trends and Opportunities
The market of intelligent completion is divided broadly on the basis of various aspects. In 2018,…
Global Intelligent Completion Market 2018- Schlumberger, Weatherford, Bhge, Hall …
The detailed research on Global Intelligent Completion Market reports offers a specific market study and outlook prospects of the market. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market. Intelligent Completion Industry provides the overview of growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable).…
Oilfield Service Market Is Booming Worldwide | Baker Hughes, Weatherford, Hallib …
HTF MI released a new market study on Global Oilfield Service Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates…
Global Sucker Rod Market 2018 - Tenaris, Dover, Weatherford, Nine Ring
Apex Market Reports, recently published a detailed market research study focused on the "Sucker Rod Market" across the global, regional and country level. The report provides 360° analysis of "Sucker Rod Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Sucker Rod industry, and estimates the future trend of Sucker Rod market…
Global Artificial Lift System Market 2017 - Weatherford
The motive of this strategic research report entitled "Global Artificial Lift System Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Artificial Lift System market.
Key Notes On Artificial Lift System Market:
"Global Artificial Lift System Market 2017 "offers crucial insights into the global Artificial Lift System market along with the market size…
