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Hegeman v. Babcock & Wilcox Enterprises, Inc. et al
Case Number:
3:17-cv-00125
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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May 03, 2017
Retirement Funds Vie To Lead Fight Over B&W's Stock Drop
Two retirement funds battled it out in North Carolina federal court Tuesday to become lead plaintiff in a shareholder suit against energy company Babcock & Wilcox Enterprises Inc. involving a 39 percent stock drop, with both funds arguing that they have larger financial stakes in the case than the competition.
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March 14, 2017
B&W's Renewable Struggles Tanked Stock, Investors Say
Babcock & Wilcox shareholders say it misled them about the financial impact of delays in its European renewable energy business that ended up causing a 39 percent stock drop, according to a proposed class action filed Monday in North Carolina federal court.