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DOBINA v. WEATHERFORD INTERN. LTD.

No. 11 Civ. 1646 (LAK).

909 F.Supp.2d 228 (2012)

Mike DOBINA, Plaintiff, v. WEATHERFORD INTERNATIONAL LTD., et al., Defendants.

United States District Court, S.D. New York.

November 7, 2012.

Attorney(s) appearing for the Case

Curtis Victor Trinko, Esq. , Eli R. Greenstein , Erik D. Peterson , Ramzi Abadou , Stacey M. Kaplan , Kessler Topaz Meltzer & Check, LLP, for Lead Plaintiff American Federation for Musicians and Employers Pension Fund.

Robert J. Malionek , Kevin H. Metz , Peter A. Wald , Sarah A. Greenfield , Latham & Watkins, LLP, for Defendants Weatherford International Ltd., Bernard J. Duroc-Danner, Andrew P. Becnel, Jessica Abarca, and Charles E. Geer, Jr.

Stanley J. Parzen , Mayer Brown LLP, for Defendant Ernst & Young LLP.

MEMORANDUM OPINION

LEWIS A. KAPLAN, District Judge.

This action arises out of statements regarding the internal controls and accounting practices of Weatherford International Ltd. ("Weatherford" or the "Company"), after Weatherford announced in 2011 that it had understated its tax expenses from 2007 through 2010 by over $500 million. Lead plaintiff American Federation of Musicians and Employer's Pension Fund ("AFME") alleges that Weatherford and certain...

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