Stiefel ERISA Plaintiffs Lose Class Cert. Bid

By Melissa Lipman (July 22, 2011, 2:06 PM EDT) -- A Florida federal judge refused Thursday to certify a class action accusing Stiefel Laboratories Inc. of significantly undervaluing its stock when it persuaded employees to resell their shares to the company on the eve of its acquisition by GlaxoSmithKline PLC....

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