District Court, E.D. Michigan May 2, 2002, 2:01-cv-74121 (Eagle Trim, Inc. v. Eagle-Picher Industries, Inc.)

OPINION AND ORDER

DUGGAN, District Judge.

Plaintiffs, Eagle-Trim, Inc. (Trim) and GMAC Business Credit, LLC (GMAC), filed this action on October 30, 2001. Plaintiffs’ Complaint alleges: 1) Fraud (Trim) 2) Violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, 3) Innocent Misrepresentation (Trim), 4) Breach of Contract, 5) Breach of Guaranty, 6) Fraud (GMAC), and 7)