INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig. | Secondary Sources | Westlaw

INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig. | Secondary Sources | Westlaw

View on Westlaw or start a FREE TRIAL today, INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS In re Allied Prods. Corp. Sec. Litig., Secondary Sources
6 No. 23 Andrews Derivatives Litig. Rep. 7
Andrews Derivatives Litigation Reporter
January 15, 2001
Securities Law Issues
Copyright (c) 2001 Andrews Publications

INVESTORS MAY PROCEED ON CLAIMS OF IMPROPER ‘REALLOCATION,’ N.D. ILL. SAYS

In re Allied Prods. Corp. Sec. Litig.

Allied Products Corp.'s use of the “reallocation” accounting method, which resulted in an obvious overstatement of its earnings, has enabled shareholders to proceed on their claims that the company knew or recklessly disregarded the difficulty of...
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