Anadarko Securities Settlement
In re Anadarko Petroleum Corporation Securities Litigation
Civil Action No. 4:20-cv-00576
United States District Court for the Southern District of Texas, Houston Division
This website has been established to provide general information regarding the proposed settlement ("Settlement") of the class action known as In re Anadarko Petroleum Corporation Securities Litigation, Civil Action No. 4:20-cv-00576. The Court in charge of the Litigation is the United States District Court for the Southern District of Texas, Houston Division. Capitalized terms used on this website and not otherwise defined shall have the same meanings ascribed to them in the Stipulation of Settlement dated September 28, 2026 (the "Stipulation").
The Court directed that everyone who fits this description is a Class Member: all Persons who purchased or othewise acquired Anadarko Petroleum Corporation ("Anadarko") common stock between February 20, 2015, and May 2, 2017, inclusive (the "Class Period"), and were allegedly harmed thereby (the "Class").
Excluded from the Class are: Defendants and their families, legal representatives, heirs, successors, or assigns; officers, directors, subsidiaries, and affiliates of Anadarko during the Class Period; any entity in which Defendants have a controlling interest; and any judicial officer to which the Litigation is assigned. Also excluded from the Class is any Person who properly excludes himself, herself, itself, or themselves from the Class by submitting a valid and timely request for exclusion.
The Court has not decided in favor of Defendants or Lead Plaintiffs. Instead, both sides agreed to the Settlement of the Litigation for $114.5 million in cash to avoid the distraction, costs, and risks of further litigation, and Lead Plaintiffs agreed to the Settlement in order to ensure that Class Members will receive compensation.
Although the information on this website is intended to assist you, it does not replace the information contained in the Notice of Pendency and Proposed Settlement of Class Action ("Notice") and the Stipulation of Settlement. Please read the Notice carefully to fully understand your rights.
Please do not call the Court with questions about the Settlement. All questions should be directed to Lead Counsel or the Claims Administrator.
The information on this website, including the dates and deadlines set forth below, is subject to change. Please continue to check this website for updates.
IMPORTANT DATES AND DEADLINES