Valaris plc Class Action Lawsuit - VAL

Company
Valaris plc (NYSE: VAL)
Lead Plaintiff Deadline
October 21, 2019 (Expired)
Class Period
April 11, 2019 - July 31, 2019

Expired

Lead Plaintiff Deadline

Oct 21, 2019

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Allegations

(i) the Company was plagued by a weak ultra-deepwater segment, massive cash usage, and significant negative cash flow; (ii) the foregoing was reasonably likely to have a material negative impact on the Company’s second quarter 2019 results; (iii) the merger leading to Valaris’s establishment could not deliver on its touted benefits; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the VAL class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until October 21, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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