Judge Affirms Decision To Allow Coventry Fraud Action
U.S. District Judge Alexander Williams Jr. stood by his March determination that the plaintiffs’ adequately alleged that two disclosures by the defendants were materially misleading. In that ruling, the court jettisoned 58 other alleged misstatements, finding scant evidence that Coventry and its brass knew the rosy pronouncements were false.
Coventry sought reconsideration in April,...
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