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City of Taylor General Employees Retirement System v. Astec Industries, Inc. et al
Case Number:
1:19-cv-00024
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 07, 2024
Astec Inks $13.7M Investor Deal Over Wood Pellet Plant Woes
An investor in manufacturer Astec Industries Inc. has asked a Tennessee federal judge for an initial green light on a $13.7 million deal to end claims the company misrepresented business prospects for its wood pellet plants.
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October 28, 2019
Astec Blasts 'Kneejerk' Investors' Suit Over Wood Pellet Woes
Astec Industries Inc. has told a Tennessee federal judge it shouldn't have to face shareholders' allegations that it lied about the business prospects of its wood pellet plants, claiming that, contrary to investors' claims they had been in the dark about struggles at the two plants, it had updated them properly.
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June 26, 2019
Rosen Law Firm Wins Lead In Astec Securities Suit
The Rosen Law Firm PA beat out Robbins Geller Rudman & Dowd LLP on Wednesday to score the role of lead counsel in a proposed shareholder class action accusing Astec Industries Inc. of concealing increasingly poor financial results related to its wood pellet manufacturing plants.
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April 03, 2019
Pomerantz, Rosen Firm Vie For Lead In Astec Securities Suit
Pomerantz LLP and the Rosen Law Firm PA have thrown their hats into the ring to represent a proposed class of investors alleging Astec Industries Inc. hid increasingly poor financial results relating to its wood pellet manufacturing plants.