United States: Ninth Circuit Affirms Motion To Dismiss Securities Fraud Claims Against Wholesale Retailer, Finding Plaintiffs Failed To Adequately Plead Scienter - Shearman & Sterling LLP

United States: Ninth Circuit Affirms Motion To Dismiss Securities Fraud Claims Against Wholesale Retailer, Finding Plaintiffs Failed To Adequately Plead Scienter - Shearman & Sterling LLP

Mondaq

Published

According to the SAC, defendants made false and misleading statements about the Company's financial controls.

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