Shares fell 9.8% to €5.382 ($6) in early afternoon trading at the Frankfurt stock exchange amid investor fears that a possible loss in the court case could endanger SolarWorld's very existence.
In the litigation between Hemlock and SolarWorld Industries Sachsen (formerly Deutsche Solar), the German production unit of SolarWorld, the US District Court for the Eastern District of Michigan decided yesterday to grant a motion for summary judgment filed by Hemlock.
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