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Allis-Chalmers Energy Inc. Investor File Lawsuit

  • If you are a current investor in Allis-Chalmers Energy Inc. (NYSE:ALY), and/or have information relating the investigation, you have certain options and you should contact the Shareholders Foundation, Inc.

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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 ...



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