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Comeaux et al v. Seventy Seven Energy Inc et al
Case Number:
5:17-cv-00191
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
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February 27, 2018
Attys Escape Sanctions For Oilfield Services Merger Suit
An Oklahoma federal judge declined Monday to sanction Monteverde & Associates PC for filing a client's shareholder action over the $1.76 billion merger deal that Seventy Seven Energy Inc. inked, saying the oilfield services company did not show the litigation lacked merit.
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September 07, 2017
Seventy Seven Seeks Sanctions Against Firm In Merger Suit
Seventy Seven Energy Inc. on Wednesday asked an Oklahoma federal judge to sanction counsel for a shareholder, alleging the firm filed a proposed class action over a merger solely to generate attorneys' fees.
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April 06, 2017
Seventy Seven Energy Blasts Bid To Postpone Merger Vote
Seventy Seven Energy Inc. blasted a stockholder's attempt to stop an investor vote on a proposed $1.76 billion merger with Patterson-UTI Energy Inc., saying that her claims are inconsistent with the U.S. Securities and Exchange Commission's approach to disclosure and decades' worth of public disclosures related to proposed mergers.
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February 23, 2017
Shareholders Hit Seventy Seven Energy With Merger Suit
Seventy Seven Energy Inc.'s proposed $1.76 billion merger with Patterson-UTI Energy Inc. offers SSE shareholders too little, and the deal doesn't reveal information about conflicts of interest and concrete financial projections, a proposed class of investors say in a lawsuit filed Wednesday in Oklahoma federal court.