Lawsuit Overview
An investor in Allis-Chalmers Energy Inc. (NYSE:ALY) filed a lawsuit in State Court against members of the board of directors for allegedly selling Allis-Chalmers too cheaply too Seawell Ltd. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duty owed to the public shareholders of Allis-Chalmers Energy Inc. (NYSE:ALY) by attempting to sell ...
You must register (for free) or login to view the entire case.