Experience Details

Representation: Flowserve Corporation Securities Litigation
Haynes and Boone Team: Behrens, Thad, Dodds, David A., Even, Nicholas, Gold, Daniel H., Huff, Carrie L., Skidmore, Micah E., Rogers, Christopher
Services: Corporate Governance, Securities Class Action Defense and Shareholder Litigation, Securities Class Actions and Parallel ERISA Class Actions

Description: Defending a worldwide manufacturer of pumps, valves and seals for flow control systems in a class action alleging securities fraud arising from accounting restatement, merger integration issues, and missed earnings projections. Obtained an order denying class certification and granting complete summary judgment in favor of the defendants, which was remanded for further proceedings after appeal.