Law360, New York (September 11, 2012, 12:33 PM ET) -- Throughout the past 10 years securities litigation has made front-page news in the energy sector, and federal securities class action filings against energy companies have increased in the past three years.
Solar Companies
The profitability of solar equipment manufacturers dropped sharply in 2011 due to stiff competition from Chinese firms. In 2011, the price of conventional solar panels from China fell 30 percent.[1] As a result, several U.S. solar companies filed for bankruptcy.
But solar companies’ problems did not stop there. The Obama administration suffered a...
Securities Litigation And The Energy Sector: Part 2
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