Goldfarb Branham, LLP Investigating Weatherford for Shareholders Due To Widening U.S. Government Probe

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					Goldfarb Branham, LLP Investigating
Weatherford for Shareholders Due To Widening
U.S. Government Probe
June 25, 2010 12:13 PM Eastern Daylight Time  

DALLAS--(EON: Enhanced Online News)--Goldfarb Branham, LLP, a litigation law firm, is investigating
Weatherford (NYSE: WFT) for shareholders who purchased or acquired stock during or before 2006.
Weatherford has been investigated by the U.S. Government for violations of the Foreign Corrupt Practices Act for
years. Recently, the government widened its investigation into the company because of allegations that it was doing
business with countries designated as state sponsors of terror. Concerned shareholders are urged to contact attorney
Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

“Amid the government probe, Weatherford relocated its headquarters from Houston to Switzerland. Then, its co-
general counsel resigned from the company and was replaced by a former government prosecutor who apparently
specialized in FCPA enforcement,” stated lawyer Hamilton Lindley. Corporate Counsel reported that the
government probe was looking into possible violations of the FCPA stemming from the misuse of $175,000 at a
European subsidiary for alleged bribes and the sales of services and products “in certain sanctioned countries,” and
the company’s participation in the oil-for-food program.

Goldfarb Branham, LLP is investigating a derivative lawsuit against company executives for allowing this scheme to
occur. Derivative lawsuits often lead to restored confidence in companies involved in financial scandal and a resulting
increase in shareholder value. Concerned shareholders are urged to contact attorney Hamilton Lindley at 877-583-
2855 or hlindley@goldfarbbranham.com.

Contacts
Goldfarb Branham LLP
Hamilton Lindley, 214-583-2233
Toll Free: 877-583-2855
Fax: 214-583-2234
hlindley@goldfarbbranham.com

Permalink: http://eon.businesswire.com/news/eon/20100625005677/en/Derivative-Action/FCPA-Probe/Foreign-
Corrput-Practices-Act

				
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Description: DALLAS--(EON: Enhanced Online News)--Shareholder law firm investigating Weatherford for violations of multiple federal laws. Concerned shareholders should call 877-583-2855 or email hlindley@goldfarbbranham.com. img border='0' title='Add to Google' alt='Add to Google' src='http://images.pheedo.com/images/mm/goog
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