Calif. water conservation company facing shareholder class action

By John O'brien
Published May 13, 2015 12:08pm ET
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LOS ANGELES (Legal Newsline) – A California land and water resource development company is facing a federal securities class action lawsuit over allegations it filed false statements with the U.S. Securities and Exchange Commission.

Nickolas Van Wingerden filed the lawsuit on April 24 against Cadiz Inc. claiming a form filed on March 10, 2014, contained the false statements.

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California Class-Action Lawsuits Law Water Shortage