BigClassActions.com

SPX Corp.



Seven class action lawsuits were filed against the company for allegedly misleading investors to inflate the value of stock. The lawsuits were filed on behalf of shareholders who bought stock from November 5, 2003 to February 26, 2004. SPX admits no wrongdoing, but has agreed to pay a $10 million settlement. SPX also agreed to pay $3.6 million for a lawsuit on behalf of employees in a retirement and stock ownership plan. (Jan-09-07) [CHARLOTTE OBSERVER: SPX SETTLEMENT]


Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form on the right.

Add Your Comment on This Issue

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.

*Your Comment:
Request Legal Help