Weatherford International plc

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Company Name	Weatherford International plc
Stock Symbol	WFTIQ
Class Period	October 26, 2016 to May 10, 2019
Lead Plaintiff Motion Deadline	November 05, 2019

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. 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.

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