Magistrate Compels Company To Provide Additional Testimony In Securities Suit

Magistrate Compels Company To Provide Additional Testimony In Securities Suit

NEW YORK - A federal magistrate judge in New York on May 28 ruled that a lead plaintiff in a securities class action lawsuit has properly shown that additional discovery is warranted from an oilfield service company because the additional evidence would be relevant to the action (In re Weatherford International Securities Litigation, No. 11-1646, S.D. N.Y.; 2013 U.S. Dist. LEXIS 75090).

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