29 Jun '14, 8am

Vestas announces conditional settlement of US class action: Settlement consists of a cash payment of USD 5m to...

On 21 March 2011, Vestas disclosed that a lawsuit had been filed in a US court against Vestas Wind Systems A/S, its US subsidiary and certain of its officers and directors. A conditional settlement of this dispute has now been reached with the lawyers representing the purchasers of American Depositary Receipts and ordinary shares in US domestic transactions during the period from 11 February 2009 to 9 February 2012. The claims against the individual officer and director defendants have been dropped. The settlement consists of a cash payment of USD 5m to the plaintiffs and will resolve the US class action lawsuit. The settlement will be paid entirely by Vestas’ insurer. The settlement is subject to approval by a court in the USA and to other conditions specified in the settlement documents. A preliminary decision is expected later this year, with a hearing on final approval...

Full article: http://www.renewableenergyfocus.com/view/39066/vestas-ann...

Tweets

Supreme Court Rules Street View “Wiretapping” C...

searchengineland.com 30 Jun '14, 6pm

According to the Wall Street Journal , the U.S. Supreme Court will not review a U.S. Ninth Circuit Court of Appeals decisi...

Solar’s Year of Action in the US

renewableenergyworld.com 09 Jul '14, 1pm

The President’s five-point plan will be bolstered by executive actions that will drive investments in solar energy upgrade...

Solar’s Year of Action in the US

renewableenergyworld.com 09 Jul '14, 1pm

The President’s five-point plan will be bolstered by executive actions that will drive investments in solar energy upgrade...

Make your vote count, register early!

defense.gov 30 Jun '14, 11am

Official Emphasizes Early Action for Timely Voting By Army Sgt. 1st Class Tyrone C. Marshall Jr. American Forces Press Ser...

$25 million settlement in N.Y. veterans charity...

armytimes.com 01 Jul '14, 12pm

NEW YORK — A direct-mail fundraising company that sent solicitations on behalf of a disabled veterans’ charity but took in...