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RESCUE MISSION OF EL PASO, INC. v. NICOLA et al
Case Number:
2:12-cv-00509
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 18, 2013
K-Sea Escapes Investor Suit Over Obsolete Oil Tankers
A New Jersey federal judge on Friday tossed a putative class action alleging oil barge operator K-Sea Transportation Partners LP misled investors in 2009 about the company's earnings and neglected to reveal that its obsolete fleet of single-hull tankers would be phased out.
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January 30, 2012
K-Sea Duped Investors On Obsolete Oil Tankers: Suit
Oil barge operator K-Sea Transportation Partners LLC failed to tell investors in 2009 that an environmental law banning single-hull tankers had capsized its revenues, according to a putative class action launched Thursday in New Jersey federal court.