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IN RE: Horsehead Holding Corp Securities Litigation
Case Number:
1:16-cv-00292
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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January 06, 2021
Zinc Recycler Inks $14.75M Deal To End Investor Suit
Investors in metals processor American Zinc urged a Delaware federal judge to approve a $14.75 million settlement ending claims that the company executives' misrepresentations about a recycling plant inflated its stock price.
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March 29, 2019
Ex-Zinc Co. Execs Must Face Investor Suit, Del. Judge Says
A proposed securities class action against American Zinc Recycling LLC over alleged misrepresentations about a North Carolina recycling plant can continue after a Delaware federal judge on Thursday rejected two former executives' objections and adopted a magistrate judge's recommendation to deny tossing the case.
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October 19, 2018
Horsehead Execs Challenge Judge's Opinion On Investor Suit
Former executives at zinc producer American Zinc Recycling LLC urged a Delaware federal court Thursday to reject a magistrate judge's recommendation to keep alive investors' suit over alleged misrepresentations that inflated stock prices, saying the judge ignored the substance of their dismissal bid.
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October 05, 2018
Del. Magistrate Won't Toss Zinc Firm Stock-Drop Suit
A federal securities class action alleging that misleading statements by executives of zinc recycler Horsehead Holding Corp. artificially propped up its stock price has survived a dismissal motion, with a Delaware federal magistrate judge recommending rejection of all dismissal arguments.
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June 12, 2017
Horsehead Execs Seek To Toss Securities Suit Over Zinc Plant
American Zinc Recycling LLC shot back Monday against a lawsuit alleging its top brass misled shareholders about the value of a new zinc plant that ran into problems and dragged the company into bankruptcy, telling a Delaware federal court they had been upfront about the risks of the venture.
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February 15, 2017
Investor Group To Lead Putative Horsehead Shareholder Class
A Delaware federal judge has appointed an investor group represented by Glancy Prongay & Murray LLP to lead a proposed class of shareholders alleging that executives of bankrupt metals processor Horsehead Corp. covered up problems at a zinc facility, rejecting conflict-of-interest arguments from competing investors.
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July 19, 2016
Horsehead Investors Battle To Lead Securities Class Claim
An investor group seeking the lead role in a proposed securities class action against bankrupt metals recycler Horsehead Holding Corp. in Delaware federal court defended its support Monday for a bankruptcy court probe of underreported equity value, saying claims in both courts focus on fraud.
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July 11, 2016
Couple Says Dyson Capital Can't Lead Zinc Plant Investor Row
A husband and wife told a Delaware federal judge that they should lead a proposed class of shareholders alleging that executives of bankrupt metals processor Horsehead Corp. covered up problems at a zinc facility, arguing that competing investor Dyson Capital Management Ltd. has a conflict of interest.
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April 25, 2016
Investors Say Horsehead Execs Lied About Failing Plant
Investors in bankrupt metals processor Horsehead Corporation filed a putative shareholder class action suit Friday in Delaware federal court accusing company executives of lying about the status of a purportedly state-of-the-art zinc facility in North Carolina that was beset with production problems.