11th Circ. Partly Revives MIVA Securities Fraud Suit
The three-judge panel ruled that the company, previously known as FindWhat.com, could still be held liable for making false statements that effectively prolonged inflation of its stock price even if the price was artificially high before the statements were made.
"The securities laws do not immunize defendants who knowingly disseminate materially false...
To view the full article, register now.