Credit: BillionPhotos.com/Adobe Stock Fact or Opinion? 2nd Circuit Raises Bar for Investor Fraud Suits
Court upholds dismissal of Philip Morris investors' claim that the cigarette giant made false statements regarding its clinical studies.
January 04, 2024 at 01:44 PM
4 minute read
Civil Appeals
The U.S. Court of Appeals for the Second Circuit raised the bar last week for when investors can sue companies for securities fraud over statements about clinical studies for products, securities litigation attorneys said.
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