August 07, 2017
An investor in Baker Hughes Inc. has agreed to end a proposed class action in Texas federal court over alleged shortcomings in the oil field services giant's disclosures to shareholders about its merger with General Electric Co., saying the suit prompted additional disclosures that mooted the original claims.
May 11, 2017
A putative class of Baker Hughes Inc. investors slapped the oil field services giant and its board of directors with a suit in Texas federal court on Wednesday, alleging that key details about a proposed merger with General Electric Co.'s oil and gas business weren't adequately disclosed in shareholder materials.