This article appears courtesy of Institutional Investor
Source: Credit Investment News
Kim Moore
Murray Capital Management is suing Deutsche Bank Securities, alleging it did not disclose the real financial condition of Exide Technologies when it led a private placement for the company in March. The complaint alleges Deutsche Bank Securities, as well as Exide Technologies and two of its executives ­ Timothy Gargaro, cfo and Craig Muhlhauser, former president and CEO­ committed securities fraud and breached their fiduciary duty.
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