Securities Suit Against Hornbeck Offshore Dismissed

Law360, New York (September 12, 2007, 12:00 AM EDT) -- A securities class action lawsuit filed against Hornbeck Offshore Services Inc. and certain of its top executives in January has been dismissed, the company announced Wednesday.

Judge G. Thomas Porteous of the U.S. District Court for the Eastern District of Louisiana signed off on the plaintiffs' motion last week to dismiss the case. The order to dismiss was filed Monday.

“From the outset we firmly believed that the allegations against the company and our executive team were without any factual or legal merit. For this reason,...
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