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Eaton Corporation ETN Securities Lawsuit

Company: Eaton Corporation
Ticker Symbol: ETN
Class Period: Aug-3-09 to Jun-4-12
Date Filed: Sep-3-12
Lead Plaintiff Deadline: Nov-2-12
Court: Northern District of Ohio
Atlanta, GA: A securities class action lawsuit has been filed on behalf of investors who purchased common stock of Eaton Corporation ("Eaton" or the "Company") (ETN) between August 2, 2009 and June 4, 2012.

The lawsuit, which was filed in the United States District Court for the Northern District of Ohio, alleges that Eaton executives violated the federal securities laws by misrepresenting certain information in connection with litigation it previously initiated against rival Frisby Aerospace, Inc. in a Mississippi state court.

According to the complaint filed against Eaton, the Company's CEO, among others, submitted affidavits in the litigation against Frisby which admit that Eaton failed to turn over records indicating it attempted to improperly influence the Mississippi judge. The value of Eaton's stock declined significantly on the disclosure.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Eaton Corporation ETN Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Eaton Corporation securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.
Published on Sep-4-12


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I was an employee from 1993-2016 with stock options. Post by Alan Driskell on Sept 20, 2016

Posted by

I was an employee from 1979. Till 2016 with stock options


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