Casino Chip Co. Investors Try To Revive Fraud Action

Law360, New York (March 17, 2011, 4:51 PM EDT) -- Shareholders of Gaming Partners International Corp. urged the Ninth Circuit on Thursday to revive their class action claiming the casino equipment maker and its executives lied about the commercial viability of its gaming chip security technology.

During oral arguments before the U.S. Court of Appeals for the Ninth Circuit, attorneys for the shareholders argued that the U.S. District Court for the District of Nevada wrongly tossed the suit in September 2009 on the basis that the plaintiffs had failed to allege any false or misleading statements...
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