Friday, April 11, 2014

"Suntech Must Face Solyndra Trust Suit Alleging Illegal Cartel" $STPFQ

I don't know why Solyndra is bothering,

A federal judge denied a bid by Suntech Power Holdings Co. and other defendants to dismiss the lawsuit alleging that they drove it out of business. Solyndra LLC’s lawsuit alleges “facts that are more then sufficient to suggest that defendants reached an agreement to fix prices and flood the American market with their below cost Chinese-made panels for the purpose of stifling competition,” U.S. District Judge Saundra Brown Armstrong in Oakland, California, said in a ruling today
A correspondent comments,
"THIS IS THE ULTIMATE ZOMBIE CAGE MATCH...TWO UTTERLY DEAD COMPANIES ARGUING OVER WHO IS GOING TO BE MORE DEAD WHEN IT'S ALL OVER"