August 16, 2013
A New York federal judge on Thursday approved the dismissal of Archer Well Co. Inc.'s suit accusing Wexford Capital LP and GW Holdings I LLC of misleading it into buying shoddy pump service companies for $674 million, this after the parties reached a settlement.
June 05, 2013
A New York federal judge on Monday granted partial summary judgment to Wexford Capital LP, a firm accused of misleading Archer Well Co. Inc. into purchasing a group of shoddy pump service companies for $674 million, removing one of the defendants and clearing the way for a mid-August bench trial.
April 16, 2013
A private equity group accused of misleading Archer Well Co. into purchasing a group of shoddy pump service companies for $674 million asked a New York federal judge to dismiss securities fraud claims in the case Monday, saying Archer lacks proof of any damages.
February 01, 2013
A New York federal judge on Friday dismissed securities fraud claims brought by oil and gas contractor Archer Well Co. Inc. against Wexford Capital LP over a $674 million purchase of pump services companies that were allegedly in worse shape than the private equity firm had claimed.
September 10, 2012
Oil and gas drilling contractor Archer Well Co. Inc. filed suit Thursday in New York federal court against Wexford Capital LP, claiming the pump services company it bought from Wexford for $674 million last year was in worse shape than the private equity firm had claimed.