The law firm said it is reviewing whether NCS Multistage's board breached fiduciary duties in agreeing to the proposed Weatherford transaction and invited shareholders who owned stock by June 1, 2026 to seek more information.
Levi & Korsinsky, LLP said it has launched an investigation into potential breaches of fiduciary duty by the NCS Multistage Holdings, Inc. board in connection with the company's proposed merger with Weatherford International plc. The firm said the review covers shareholders who purchased NCS stock on or before June 1, 2026. Under the proposed deal terms cited in the release, NCS shareholders are expected to receive either 0.5537 shares of Weatherford stock for each NCS share, or 0.2392 shares of Weatherford stock plus cash equal to 0.1271 shares of Weatherford stock per NCS share. The announcement invited investors to contact Joseph E. Levi, Esq. for more information and said the firm is a securities litigation practice with offices in New York, Connecticut, California, and Washington, D.C.