Shareholders were not time-barred from bringing lawsuits more than a year after the financial struggles of a hybrid automaker were widely reported in the media, a federal judge for the District of Delaware has ordered.
U.S. District Judge Sue L. Robinson’s decisions came in an opinion captioned In re Fisker Automotive Holdings Shareholder Litigation, in which she dismissed several claims leveled against corporate directors and others connected with Fisker Automotive, a failed manufacturer of environmentally friendly vehicles, but gave a green light for further litigation in the case.
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