Exide facing health allegation lawsuit

Apr 17, 2013 | 03:14 PM | Nathan Laliberte

Tags  Exide Technologies, Vernon, arsenic, South Coast Air Quality Management District, Craig Irwin, Wedbush Securities, pollution, emissions Nathan Laliberte

NEW YORK — Exide Technologies Inc., a major manufacturer and supplier of lead-acid batteries, is facing a class-action lawsuit in connection with alleged arsenic emissions at its Vernon, Calif., recycling facility.

The lawsuit, filed in U.S. District Court in California on behalf of those who purchased securities of Exide Technologies, alleges that the company failed to disclose that it had exposed nearly 110,000 residents near the facility to dangerously high levels of pollutants, including arsenic. The suit also alleges that the company knew that it would be....

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