District Court, S.D. New York January 9, 2007, 06 Civ. 8720(DLC) (E. ON AG v. Acciona, SA)

OPINION AND ORDER

COTE, District Judge.

A tender offer battle is ongoing in Spain, but not without active litigation in the Southern District of New York. German plaintiffs have brought suit against Spanish defendants, accusing them of violating United States securities laws when they acquired over 13% of a Spanish issuer’s stock by purchasing it from investors in this country and abroad.