Atmel Fraud Class Action Belongs In US, 2nd Circ. Told
By Christine Powell ( March 18, 2016, 10:32 PM EDT) -- A bankrupt French manufacturing plant formerly owned by an Atmel Corp. subsidiary and an employee pressed the Second Circuit on Thursday to revive a proposed class action claiming the chipmaker sold it to a near-insolvent buyer to avoid restructuring costs, saying the suit belongs in New York and any right to arbitration has been waived....
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