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Latest Business News

Federal Judge Clears Way for IPALCO Trial

Sunday, August 14, 2005 2:29:47 AM

INDIANAPOLIS (AP) - A federal judge cleared the way for a trial over claims by former IPALCO employees that company executives dumped their stock in the utility before a merger.

U.S. District Judge David F. Hamilton denied the power company's request to set aside the class-action lawsuit filed on behalf of some 2,000 former and current IPALCO workers.

"We know we get our day in court," said John R. Price, an attorney representing the workers.


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