West Virginia Business Litigation Blog

West Virginia Business Litigation Blog

Developments in Business & Commercial Litigation

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Securities Class Action Plaintiff Makes Another Run at International Coal Group

Posted in Class Actions
    A group of investors has filed a securities class action against International Coal Group, Inc. and several of its officers and directors, including chairman Wilbur L. Ross, Jr. and president Bennett K. Hatfield, alleging that the company and its representatives made “false and misleading statements” about the company’s performance Continue Reading

Federal Court Denies Remand of Class Action Against Telecommunications Provider

Posted in Class Actions
    A federal district judge has ruled that a putative class-action lawsuit against FiberNet LLC, a telecommunications provider, will stay in federal court.  Here is United States District Judge Joseph R. Goodwin’s order entered last month, which denied the plaintiffs’ motion to remand the action, which was filed in the Circuit Continue Reading
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