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PHOTO CAPTION: Henrik Fisker testifying before Congressional sub-committee.

Investors File Suit Against VC Firm, Others Connected to Fisker Automotive

Second group of plantiffs filed lawsuit claiming that the defendants violated securities law by allegedly misleading the plaintiffs into investing in the company.

Published: 06-Feb-2014

Kleiner Perkins Caufield & Byers, its partner emeritus Ray Lane, and several others connected to Fisker Automotive have been named in a new lawsuit that alleges they misled investors in the now-bankrupt hybrid car company.

Several plaintiffs filed a lawsuit on Jan. 31 in U.S. District Court in Delaware claiming that the defendants violated securities law by allegedly misleading the plaintiffs into investing in the company while withholding pertinent information about the condition of Fisker’s business.

This is at least the second lawsuit against Fisker executives and investors filed in recent weeks. In late December, Atlas Capital Management filed a lawsuit with similar claims.

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