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American Superconductor (AMSC -2.2%) slides after saying earlier that China's Supreme People's...

American Superconductor (AMSC -2.2%) slides after saying earlier that China's Supreme People's Court has scheduled a hearing for May 29 to review the jurisdiction of the company's software copyright infringement cases against Sinovel Wind Group and Guotong Electric. These are just two of the four legal cases that AMSC filed against Sinovel regarding its alleged contractual breaches and alleged discovery of intellectual property theft by Sinovel. AMSC is seeking a cease and desist order and damages totaling $6M.
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