“The
company
and
the
individual
defendants
intend
to
defend
themselves
vigorously,”
Vestas
says
in
a
statement.
The
complaint
has
been
filed
in
the
Federal
District
Court
for
Colorado
on
behalf
of
the
City
of
Sterling
Heights
General
Employees
Retirement
Scheme
and
“all
others
similarly
situated”.
It
claims
that
Vestas
“engaged
in
acts,
practices
and
a
course
of
business
that
operated
as
a
fraud
or
deceit
upon
plaintiff
and
others
similarly
situated
in
connection
with
their
transactions
in
Vestas”,
between
27
October
2009
and
25
October
2010.
The
plaintiffs
allege
this
consisted
of
Vestas
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