USA: ArvinMeritor sues Dana for 'misrepresentations' - report
Automotive parts maker ArvinMeritor said on Tuesday it had filed a lawsuit against Dana Corporation for "misrepresentations" in statements concerning its rejection of ArvinMeritor's $US2.2 billion bid, Reuters reported. The suit, filed in a US district court in Virginia on Friday, accused Dana of making statements and disclosures that are "materially misleading, fraudulent, deceptive or manipulative in violation" of Securities and Exchange Commission regulations, the report said.
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