RCR Tomlinson agreed to a $40 million settlement in a long-running class action lawsuit alleging breaches of continuous disclosure laws and misleading and deceptive conduct relating to timing delays and cost overruns at several of the Company’s large solar farm projects. Several months after the revelation of these events, RCR Tomlinson filed for administration and ultimately went into liquidation.
Gregg Edwards was retained by Quinn Emanuel Urquhart & Sullivan on behalf of investors to provide expert opinions and testimony regarding market efficiency, price impact, and class-wide damages for RCR Tomlinson’s ordinary shares.
For more information on the settlement, click here.
