Judge Denies Motions To Dismiss In Securities Fraud Class Action Lawsuit

BOSTON - A federal judge in Massachusetts on Dec. 16 denied motions to dismiss filed by a power technologies company, certain of its current and former officers and directors and three underwriters of the company's secondary offering, rejecting the defendants' argument that a shareholder failed to state a claim for relief (Dave Lenartz, et al. v. American Superconductor Corp., et al., No. 11-10582, D. Mass.). Full story on lexis.com