Skip to Content

Weatherford International plc

Company NameWeatherford International plc
Stock SymbolWFTIQ

On October 29, 2018, the Company reported a loss of $199 million, or 20 cents per share, for third quarter 2018, signaling that Weatherford may be headed toward bankruptcy. However, the Company’s Chief Executive Officer reassured that these results were mere “bumps in the road.”

On this news, the Company’s stock price fell $0.44 per share, or over 22%, to close at $1.54 per share on October 29, 2018, thereby injuring investors.

Then, on May 10, 2019, the Company announced that it intended to file for Chapter 11 bankruptcy protection.

On this news, the Company’s stock price fell $0.31 per share, or more than 86%, to close at $0.05 per share on May 13, 2019, thereby injuring investors further.

 

Submit Your Information

If you suffered a loss on your Weatherford International plc investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd