Class Status Granted In IP Fraud Suit V. Headwaters

Law360, New York (August 28, 2008, 12:00 AM EDT) -- A district court on Tuesday granted class status to plaintiffs who accuse sustainable energy company Headwaters Inc. of conspiring to defraud former shareholders of now-defunct Adtech Inc. through a scheme to transfer a patent for coal agglomeration technology.

Judge Jon P. McCalla of the U.S. District Court for the Western District of Tennessee approved the motion for class certification by shareholders of Adtech alleging Headwaters conspired with the former head of Adtech to obtain rights to his patented coal purification process.

In 1991, the Illinois Secretary...
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