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Cellular South Wants $26M Suit Against Merrill Lynch Revived

By Stewart Bishop (November 1, 2012, 5:45 PM EDT) -- Cellular South Inc. on Wednesday pressed the Second Circuit to resurrect its $26 million securities fraud action against Merrill Lynch & Co. Inc., arguing the district court dismissed the action without considering misstatements made by Merrill Lynch before Cellular South bought the auction rate securities at issue....

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