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In Re: Seadrill Limited Securities Litigation
Case Number:
1:14-cv-09642
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 22, 2016
Seadrill Didn't Lie About Russian Sanctions, Judge Says
A Manhattan federal judge has tossed a consolidated class action claiming that Seadrill Ltd. misled investors with vows to preserve chunky dividend payments despite uncertainty over contracts with a Russian government-controlled oil company, saying investors hadn't identified any deceptive statements.
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March 24, 2015
3 Seadrill Dividend Suits Combine Their Stock, Options Claims
A Manhattan federal judge on Tuesday consolidated three fraud class action suits claiming Bermuda-based Seadrill Ltd. misled investors with vows to preserve its chunky dividend payments, adding to the original stock-purchasing plaintiffs a new universe of claimants who bought options in the offshore drilling giant.
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December 05, 2014
Seadrill Hit With Shareholder Suit Over Stock Drop
Shareholders of Seadrill Ltd. hit the offshore drilling company with a putative class action on Friday in New York federal court, alleging their American depositary shares plummeted because the company falsely reported it was in great financial shape.