July 22, 2013
Shareholders suing two former Patriot Coal Corp. executives urged a Missouri federal judge Friday to keep the putative class action alive, saying they properly alleged that the brass knew of the now-bankrupt company's lousy financial condition when it implemented a $45 million cleanup of selenium discharges.
September 24, 2012
Two executives at bankrupt Patriot Coal Corp. were hit with a putative shareholder class action Friday over allegedly false statements the company made regarding a $45 million court-ordered cleanup of selenium discharges in two West Virginia coal mines.