Parent Company of Dielectric Target of Shareholder Suit
Portland Press Herald › March 09, 2004
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Summary
SPX Corp., the parent company of Raymond-based Dielectric Communications, is the target of a class-action shareholder lawsuit.
The complaint was filed in U.S. District Court for the Western District of North Carolina, Charlotte Division, against SPX and several of its officers. It charges that between July 28, 2003, and Feb. 26, SPX issued false and misleading projections of the company's fiscal year 2003 earnings per share.See the full content of this document
Extract
Parent Company of Dielectric Target of Shareholder Suit
"Defendants emphasized increased free cash flow ...
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