Plaintiffs Take MEMC Securities Suit To 8th Circ.

Law360, New York (April 1, 2010, 6:53 PM EDT) -- Plaintiffs have appealed the dismissal of a proposed class action that accused solar cell maker MEMC Electronic Materials Inc. of violating securities laws when it delayed disclosing production problems, including a fire, at two factories in Texas and Italy.

Mahendra A. Patel, lead plaintiff for the class, lodged a notice of appeal Wednesday that moves the case from the U.S. District Court for the Eastern District of Missouri to the U.S. Court of Appeals for the Eighth Circuit.

Patel is appealing Judge Carol Jackson's March 8...
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