Tag Archives: concealed facts

EXIDE BANKRUPTCY BREAKING NEWS: Shareholders of bankrupt Exide ask judge to certify $2.7 million investor class action because Exide and a group of 10 Exide executives and board members knew that Vernon lead smelter was violating environmental regulations because it was leaking toxins and they concealed that in public statements and financial filings

Exide lawsuits

The plaintiffs, which includes both shareholders and senior note holders, allege that Exide and a group of 10 Exide executives and board members knew that the company’s Vernon, California, facility was leaking toxins and concealed this fact in public statements and financial filings, leading investors to buy shares at inflated prices. LAW 360 Exide Investors […]

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