Brief: Sevcon says Louis Scarantino filed purported stockholder class action lawsuit against co

Sono NV

24/08/2017 21:47

Aug 24 (Reuters) - Borgwarner Inc  BWA.N  
    * Sevcon Inc - On Aug 22, Louis Scarantino filed purported 
stockholder class action lawsuit against 
co,directors,Borgwarner, and one of its unit in court 
    * Sevcon- Plaintiff alleges co's prelim proxy statement 
filed on Aug 8 omits/ misrepresents material info regarding some 
financial data 
    * Sevcon- Plaintiff also alleges prelim proxy statement 
omits/ misrepresents material info regarding some analyses 
underlying Rothschild Inc's opinion 
 
Source text: [http://bit.ly/2vaVI16] 
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