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Polymer Group, Inc. Investors File Lawsuit Against Buyout

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Lawsuit Overview

An investor in Polymer Group, Inc. (OTC:POLGA) filed a lawsuit in State Court against Polymer Group directors alleging breaches of fiduciary duty arising out of their attempt to sell Polymer Group too cheaply to an affiliate of Blackstone Capital Partners V L.P. According to the complaint the plaintiff alleges that directors of Charlotte based Polymer Group, Inc. breached their fiduc...



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