Walter Energy Can't Shake Stock Fraud Suit Over $3.3B Buy
By Sindhu Sundar ( January 29, 2013, 8:23 PM EST) -- An Alabama federal judge on Tuesday denied a bid by Walter Energy Inc. to toss a proposed class action launched by the Alabama-based coal producer's stockholders alleging it made misleading statements about its financial prospects, including potential benefits of its $3.3 billion acquisition in 2010 of Canada's Western Coal Corp....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.