Heckmann Corporation Investors File Securities Fraud Class Action Lawsuit Against Heckmann Over China Water Takeover
A securities fraud class action lawsuit was filed against Heckmann Corporation in the U.S. District Court for the District of Delaware (Case No. 1:10-cv-00378-JJF) on behalf of purchasers of Heckmann Corporation HEK common stock during the period between October 2, 2008 and May 8, 2009, inclusive (the “Class Period”), alleging that Heckman violated federal securities fraud laws by failing to disclose, in its proxy statement pursuant to its takeover of China Water and Drinks, Inc. (“China Water”), the extent of the risks and liabilities that it was undertaking in acquiring China Water, according to securities class action lawsuit news reports.
For more information on Heckmann Corporation securities fraud class action lawsuit filing, read the Heckmann Corporation HEK securities fraud class action complaint.
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