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Houston Harbaugh Blog

May 2014 Archives

U.S. District Court for Eastern District of Pennsylvania Allows Class Action Securities Fraud Suit to Proceed against Pharmaceutical Manufacturer

Environmental Liability of Parent Corporations

In Trinity Industries v. Greenlease Holding Co., No. 08-1498, 2014 U.S. Dist. LEXIS 61223 (W.D. Pa. May 2, 2014), the U.S. District Court for the Western District of Pennsylvania held that parent corporation Ampco Pittsburgh Corporation ("Ampco") could not be held directly or derivatively liable for environmental contamination claims that allegedly stemmed from its subsidiary's activities.Dhagat, Hetal 143x200.jpg