EADS Gets Case Over Airbus A380 Delays Grounded

Law360, New York (March 29, 2010, 7:40 PM EDT) -- A federal judge in New York has shot down a putative shareholder class action against European Aeronautic Defense and Space Co. NV over production delays involving the Airbus A380, saying lead plaintiff the Bristol County Retirement System ought to pursue its claims in Europe, not the U.S.

Judge William H. Pauley III of the U.S. District Court for the Southern District of New York handed down a memorandum and order Friday granting EADS' motion to dismiss the case for lack of subject matter.

The Bristol County...
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