Ollila v. Babcock & Wilcox Enterprises, Inc. et al

  1. June 25, 2019

    'Distressed' Energy Co. B&W Eyes $19.5M Deal With Investors

    Investors suing engineering firm Babcock & Wilcox for allegedly hiding a slew of problems with its renewable energy business asked a North Carolina federal judge Tuesday to sign off on a $19.5 million settlement in the case, saying the company's declining financial health threatens their chances of recovery.

  2. February 08, 2018

    Babcock & Wilcox Must Face Investor Suit, NC Judge Rules

    Energy technology and engineering firm Babcock & Wilcox Enterprises Inc. and its top executives must face a proposed class action alleging a slew of problems in the North Carolina-based firm's renewable energy business were kept hidden from investors, a Charlotte federal judge ruled Thursday.