Boots & Coots, Inc.
Summary of Case:
A securities class action has been filed against Boots & Coots, Inc. (WEL) (the "Company"), in the Texas District Court for Harris County.
The complaint alleges that Defendants' attempted to sell the Company to Defendants Halliburton Company and Gradient, LLC (collectively "Halliburton"), allegedly by means of an unfair process and for an allegedly unfair price of $3.00 per share for each share of Boots & Coots common stock held, comprised of $1.73 in cash and $1.27 in Halliburton common stock (the "Proposed Transaction"). The Proposed Transaction is valued at approximately $232 million.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.