Parties Seek Ruling Whether Control Person Liability Was Properly Pleaded
(October 15, 2015, 12:31 PM EDT) -- NEWPORT NEWS, Va. — Investors and a defendant in a securities class action lawsuit recently asked a federal judge in Virginia to determine whether the investors properly pleaded control person liability in making the federal securities law claim against the defendant (In re Lumber Liquidators Holdings Inc. Securities Litigation, No. 13-0157, E.D. Va.).
(Supplemental memorandum of points and authorities in support of the motion to dismiss available. Document #57-151019-511B.)
Lead plaintiffs Gregg Kiken, Keith Foster, David Lorenzo and Charles Hickman filed an amended complaint in the...