Ensco Seeks To Toss Suit Over SEC Filing In $7B Deal

Law360, New York (April 21, 2011, 6:51 PM EDT) -- British oil driller Ensco PLC sought Thursday to dismiss a class action in Texas alleging its U.S. Securities and Exchange Commission filing for a $7.3 billion deal with offshore drilling rig operator Pride International Inc. contains false statements.

Ensco filed a motion to dismiss a March class action from a family trust that holds shares in Pride, which accuses the driller of making false statements in an SEC filing in order to gain shareholder approval of the Pride deal.

But Ensco, facing seven lawsuits from Pride...
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