Judge Keeps Alive Opulent Case Against Nasdaq

Law360, New York (October 15, 2007, 12:00 AM EDT) -- The Nasdaq Stock Market Inc. and a private equity fund have split a decision in a case that pits the two against each other over the alleged misreporting of base stock prices, with a district court judge refusing to grant Nasdaq's motion to dismiss and also refusing to send the case back to state court.

In a decision issued on Friday, Judge Ronald M. Whyte of the U.S. District Court for the Northern District of California ruled against both Nasdaq's motion to dismiss and private equity...
To view the full article, register now.