A Delaware federal judge on Tuesday let stand common-law fraud claims in a securities fraud suit accusing Fisker Automotive Holdings Inc. executives of withholding important information regarding the state of the now-bankrupt hybrid car company’s business.
The defendants had asked U.S. District Judge Sue. L. Robinson of the District of Delaware to dismiss the claims, arguing that they had warned investors “repeatedly and extensively” about the risks facing the company.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]