Broadwind Energy BWEN Common Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Broadwind Energy.
A securities fraud class action lawsuit has been filed against Broadwind Energy, Inc. (“Broadwind Energy” or “Defendant”), a manufacturer and services provider in the energy and infrastructure markets, in the United States District Court for the Northern District of Illinois on behalf of a class consisting of purchasers of Broadwind Energy (NASDAQ symbol: BWEN) common stock between March 17, 2009 and August 9, 2010, inclusive (the “Class Period”), alleging that Broadwind Energy violated federal securities fraud laws, including the Securities & Exchange Act of 1934, by overstating its financial condition by allegedly failing to timely write down an impairment of its goodwill related to its RBA subsidiary, according to Broadwind Energy securities fraud class action lawsuit news reports.
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