Thomas Podraza v. Richard Whiting
Court of Appeals for the Eighth Circuit
1Opinion of the Court
SHEPHERD, Circuit Judge.
This appeal concerns a securities fraud class action brought on behalf of all persons who purchased or acquired Patriot Coal Corporation securities between October 21, 2010, and July 9, 2012 (“Plaintiffs”). The defendants are Richard Whiting and Mark Schroeder, Patriot’s former Chief Executive Officer and former Chief Financial Officer, respectively (“Defendants”).
In September 2010, a federal district judge in West Virginia ordered Patriot to install environmental remediation facilities at two of its mines. Beginning in October 2010 and continuing until May 2012, for…
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