USAE Seeks To Nix Investor Suit Over Akin Gump Letter

Law360, New York (August 22, 2011, 6:05 PM EDT) -- U.S. Aerospace Inc. said Friday that a California federal court should dismiss a shareholder derivative suit because plaintiffs built their case using privileged information taken from a letter written by Akin Gump Strauss Hauer & Feld LLP.

Echoing claims made in a recent bid to dismiss another derivative action, USAE said the plaintiffs used information protected by attorney-client privilege in developing their complaint accusing a pair of USAE officers of using their board positions to enrich themselves at the expense of shareholders.

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