The Ninth Circuit U.S. Court of Appeals on Thursday reinstated a shareholders class action against Valence Technology Inc., a battery manufacturer sued for stock fraud.
In doing so, the circuit reversed a decision by San Jose U.S. District Judge James Ware, who dismissed the suit in 1997. Ware had ruled that the suit was filed after the statute of limitations had expired.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]