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Judge dismisses lawsuit over alarm company IPO

March 4, 2013SSN Staff

NEW YORK—A New York judge has thrown out a lawsuit seeking damages from Siemens First Capital Commercial Finance for canceling an initial public offering for a security alarm company, according to a Reuters article. The judge dismissed breach of contract, breach of good faith and fair dealing, and breach of fiduciary duties claims against Siemens First Capital and three of its directors. Siemens First Capital, a joint venture of Munich-based Siemens AG and Florida financial firm First Capital,...

Alarm Funding, First Capital, Siemens AG, Siemens First Capital Commercial Finance

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