American Superconductor Corporation Derivative litigation is a consolidated action on behalf of American Superconductor, involving allegations that the defendant officers and directors (current and former) issued false and misleading statements and failed to disclose material facts about the company’s contractual relationship with its primary customer, representing approximately 80% of the company’s total revenues.  Pastor Law Office was designated as co-lead counsel for the federal plaintiffs in the litigation.  A settlement was reached which provided for substantial corporate governance improvements and enhancements.