Constellation Investors Take Another Shot At Fraud Suit

Law360, New York (September 21, 2010, 3:41 PM EDT) -- Investors have revised a putative securities class action that accuses Constellation Energy Group Inc., certain board members and a host of underwriters of misstatements related to a stock offering in 2008, in response to a federal judge's decision to toss several claims.

In an amended complaint filed Friday in the U.S. District Court for the District of Maryland, lead plaintiff Ironworkers St. Louis District Council Pension Fund hit the defendants with renewed claims related to the energy company's admission that it underreported — by $1.6 billion...
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