January 07, 2013
A California federal judge indicated Monday he will approve a $3.7 million settlement of a consolidated securities class action accusing Chinese power equipment maker A-Power Energy Generation Systems Ltd. and others of inflating revenues in financial reports to investors.
May 31, 2012
A California federal judge on Thursday threw out a consolidated securities class action accusing Chinese power equipment maker A-Power Energy Generation Systems Ltd. and others of lying about the company's finances, saying investors need to beef up their allegations and try again.