Exide facing health allegation lawsuit
Apr 17, 2013 | 03:14 PM
| 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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