In re Molycorp. Inc. Securities Litigation

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Case overview

Case Number:

1:13-cv-05697

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Paul A. Crotty

Firms

Companies

Sectors & Industries:

  1. November 21, 2016

    Molycorp Settles With Investors Over Mine For $1.25M

    Molycorp Inc. investors have asked a New York federal judge to approve a $1.25 million settlement to end claims that the bankrupt mining company and its executives misled them over certain business prospects, including a bid to modernize and reopen a long-closed mine in California.

  2. March 13, 2015

    Molycorp Shareholder Suit Over Mine Project Gets Axed

    A New York federal judge on Thursday dismissed claims against mining outfit Molycorp Inc. accusing the company and its executives of misleading investors over a bid to modernize and reopen a long-closed mine in California and other business prospects, saying the plaintiffs were essentially pleading "fraud by hindsight."

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