Judge Rejects Investors’ Reconsideration Requests In Shareholder Derivative Suit
(August 26, 2016, 9:03 AM EDT) -- PHOENIX — A federal judge in Arizona on Aug. 4 refused to reconsider his ruling that granted a motion to dismiss in a shareholder derivative lawsuit against several current and former officers and directors of a solar panel maker, finding that investors could have made the arguments earlier and “do not provide a basis for reconsideration” (In re First Solar Derivative Litigation, No. 12-0769, D. Ariz.; 2016 U.S. Dist. LEXIS 102649).
(Order available. Document #57-160815-021R.)
Investors filed a second amended shareholder derivative lawsuit in the U.S....