Recent News About Stetler And Duffy, Ltd.
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Facing a class-action complaint potentially worth hundreds of millions of dollars, a group of investment bankers accused of misleading investors into pouring funds into a failed electric car venture – described as “the largest venture capital-backed debacle in U.S. history” - have taken the litigation to federal court.
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A federal judge has found Northrop Grumman’s “best efforts” were good enough to allow him to ground a lawsuit brought by a former Northrop employee, who claimed the giant aerospace company and defense contractor should be held accountable for allegedly misleading the U.S. government on its achievements in developing a system to defend aircraft against missiles.
