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Niitsoo v. Alpha Natural Resources, Inc. et al
Case Number:
2:12-cv-04377
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 06, 2012
Suit Over Alpha's $7B Massey Buy Returns To State Court
A West Virginia federal judge on Monday sent a shareholder class action contesting Alpha Natural Resources Inc.'s $7.1 billion purchase of Massey Energy Co. back to state court, saying federal securities suits filed in state court cannot be heard by federal judges.
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August 16, 2012
Alpha's $7.1B Massey Merger Draws Securities Class Claim
Alpha Natural Resources Inc. on Thursday removed to West Virginia federal court a putative securities class action brought by Massey Energy Co. shareholders who allege Alpha misrepresented production problems at a coal mine to artificially prop up its stock price before its $7.1 billion purchase of Massey.