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NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company

HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) NCS Multistage Holdings, Inc. (“NCS,” “Company,” “we” or “us”) (NASDAQ:NCSM) announced that our subsidiary has settled outstanding litigation with Boyd & McWilliams. Under the settlement agreement, that was executed on the preceding day, the insurance carrier will pay all agreed-upon settlement amounts to the plaintiff, resulting in no cash payments by NCS. As of September 30, 2023, we had accrued a provision for litigation of $40.8 million associated w ....

United States , North Sea , Oceans General , Mike Morrison , Boyd Mcwilliams , Multistage Holdings Inc , Texas Matter , Wyoming Matter , North America , Middle East , Nasdaq Capital Market , Financial Officer , Ncs Multistage Holdings , Litigation Matters , Consolidated Financial Statements ,

NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company

NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company
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United States , North Sea , Oceans General , Boyd Mcwilliams , Multistage Holdings Inc , Texas Matter , Wyoming Matter , North America , Middle East , Nasdaq Capital Market , Mike Morrisonchief Financial Officer ,

NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company

NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company
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United States , North Sea , Oceans General , Mike Morrison , Boyd Mcwilliams , Multistage Holdings Inc , Texas Matter , Wyoming Matter , North America , Middle East , Nasdaq Capital Market , Financial Officer ,