CORRECTED: Judge Certifies Securities Class Action Against DVI

Law360, New York (April 29, 2008, 12:00 AM EDT) -- A district judge has certified a class action brought against defunct health care finance company DVI Inc. and its auditor Deloitte & Touche LLP that alleges investors were victims of securities fraud at the hands of DVI officers and directors.

Judge Legrome Davis Jr. of the U.S. District Court for the Eastern District of Pennsylvania said Tuesday that a class action was “clearly the preferable means of adjudication to promote the efficient use of limited judicial resources.”

The class will include “all persons and entities who...
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