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In Re: Heckmann Corporation Securities Litigation
Case Number:
1:10-cv-00378
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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April 23, 2014
Heckmann Reaches $27M Settlement For Shareholder Suit
Attorneys for a class of shareholders suing a company known until recently as Heckmann Corp. — which provides fluids and environmental services to the energy industry — over its $505 million acquisition of China Water and Drinks Inc. told potential class members Wednesday that they have reached a $27 million settlement.
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June 06, 2013
Heckmann Investors Win Round In $400M Merger Challenge
A Delaware magistrate judge said Thursday that a class of shareholders in a company known until recently as Heckmann Corp. should be certified in a suit challenging its more than $400 million merger with China Water and Drinks Inc., finding that it met certification requirements and that debate over its claims was best left for trial.