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Patel v. L-3 Communications Holdings, Inc. et al

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Case overview

Case Number:

1:14-cv-06038

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Valerie E. Caproni

Firms

Sectors & Industries:

  1. March 04, 2016

    L-3 Investors' Accounting Fraud Action May Get Tossed

    A New York federal judge suggested on Friday that she may throw out an accounting fraud class action against defense contractor L-3 Communications and two top executives, saying allegations in the complaint by an unnamed former employee were merely "rumor and speculation."