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View Full Version : US Supreme Court Drops Securities-Fraud Argument After Sides Say They're Near a Deal



FraudNews
10-17-2017, 03:41 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH501nXGpsDl_2w1kzApRZCOASGDw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779640950705&ei=jyTmWejiNYGJzgKZ6rnwBg&url=https://www.bloomberg.com/news/articles/2017-10-17/supreme-court-drops-securities-fraud-argument-with-accord-near)


US Supreme Court Drops Securities-Fraud Argument After Sides Say They're Near a Deal (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNH501nXGpsDl_2w1kzApRZCOASGDw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779640950705&ei=jyTmWejiNYGJzgKZ6rnwBg&url=https://www.bloomberg.com/news/articles/2017-10-17/supreme-court-drops-securities-fraud-argument-with-accord-near)
Bloomberg
Lower courts disagree on whether a violation of Item 303 is enough to let investors sue for securities fraud. Leidos argued in its appeal that investors must also show that the omitted information was necessary to correct a misimpression created by ...

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