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RAHMAN v. KIDS BRANDS, INC. et al
Case Number:
2:11-cv-01624
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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April 16, 2013
3rd Circ. Asked To Revive Kid Brands Import Fee Action
A stock market investor asked the Third Circuit on Monday to revive his putative securities fraud class action accusing Kid Brands Inc. of concealing underpayments of import duties by its subsidiaries, arguing that a trial judge erroneously ruled the complaint didn't adequately plead knowledge of wrongdoing by company executives.
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March 08, 2012
Judge Boots Kid Brands Import Fee Action
A New Jersey federal judge on Thursday dismissed a putative securities fraud class action by investors who alleged that Kid Brands Inc. concealed underpayments of import duties by its subsidiaries, on the grounds that the investors didn't say the parent knew of the wrongdoing.