Nov. 24 at 5:06 PM
$WFRD has agreed to pay investors through an SEC Fair Fund to resolve claims that it issued false financial statements that overstated earnings by more than
$900 million.
Who’s eligible?
Anyone who purchased
$WFRD shares between February 25, 2009 and November 12, 2012.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
Payout per share has not been determined yet.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after the SEC approves and finalizes the distribution plan.
To file your claim: https://11th.com/cases/weatherford-investor-settlement