A123 Systems Class Action Lawsuit
A123 Systems, Inc. | | | This action is brought on behalf of all purchasers of the securities of A123 Systems, Inc. during the period February 28, 2011 through March 23, 2012, inclusive (the "Class Period"). The Complaint alleges violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and S.E.C. Rule 10b-5. Specifically, the Complaint alleges that defendants made false and misleading statements and/or failed to disclose that: (1) the Company had severe manufacturing deficiencies at its Livonia, Michigan manufacturing facility, which produced defective prismatic cells that resulted in premature failure of battery modules and packs; (2) as a result of... | | read more | |
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| Glancy Binkow & Goldberg LLP has represented investors and consumers in federal and state courts throughout the United States for sixteen years. Based in Los Angeles, California and with offices in New York, New York and San Francisco, California, Glancy Binkow & Goldberg has developed expertise prosecuting securities fraud, antitrust and complex commercial litigation. As Lead Counsel or as a me... |
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