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Mealey's Litigation Procedure - Magistrate To Decide Lead Plaintiff In Securities Class Against DuPont Spinoff

WILMINGTON, Del. - A federal judge in Delaware on Dec. 10 referred to a magistrate judge motions pending in a securities class action against the Chemours Co. related to allegations that it concealed the true nature of its liabilities related to litigation it faces for injuries caused by exposure to perfluorooctanoic acid, also called C8, among other per- and polyfluoroalkyl substances (PFAS). The specific motions pertain to which party should be the lead plaintiff in the case (In re: The Chemours Company Securities Litigation, No. 19-1911, D. Del.).
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