Eaton Ducks Securities Fraud Suit Over Bid To Sway Judge

Law360, Los Angeles (August 9, 2013, 7:31 PM EDT) -- An Ohio federal judge dismissed a securities fraud class action claiming a power systems builder duped investors when it denied trying to unduly influence a Mississippi judge presiding over a dismissed trade secrets case, ruling Friday that the suit failed to state a claim.

The judge ruled that the class action didn't allege any facts that Ohio-based Eaton Corp.'s performance and future prospects were in any way tied to the success or failure of the case. Also, the company, its executives and its in-house attorneys didn't...
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