Aviva Partners, LLC v. Exide Technologies

Plaintiffs' Memorandum in Opposition to Motion to Dismiss

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This is the plaintiffs' memorandum of law in opposition to defendants' motion to dismiss in a case that covers all purchasers of the common stock of Exide Technologies (“Exide”) during the period from May 5, 2004 through May 17, 2005 and alleges that Defendants misrepresented Exide’s financial condition by concealing that the Company was unable to maintain the ratio of debt to equity that was required under a secured credit facility.

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Published In: Securities Updates

Reference Info:Legal Memoranda: Motion Addressed to Pleadings | Federal, 3rd Circuit, New Jersey | United States