Superior Energy Unit Gets $72M In Suit Against Ex-COO, CFO

By Michelle Casady (April 12, 2019, 8:23 PM EDT) -- A Superior Energy Services Inc. unit has secured a $72 million judgment against its former chief operating officer and chief financial officer, who were accused of conspiring to defraud the company out of that amount through a complex self-dealing scheme.

Harris County District Court Judge Caroline E. Baker signed the judgment on April 9 and filed it on April 11, in accordance with what a jury found after six weeks of trial in December. Superior's subsidiary, Stabil Drill Specialties LLC, sued its former COO Christopher J. Russo and former CFO Martin LeBlanc in April 2016, following an internal investigation of possible...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!