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Weatherford Will Settle Investor Fraud Class Action

By Matt Sharp (June 23, 2015, 8:47 PM EDT) -- Oilfield services and products company Weatherford International Ltd. has agreed to settle a securities class action alleging it misled investors about its financial condition prior to disclosing in 2011 that weaknesses in its financial reporting controls led to tax miscalculations and overstated earnings....

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