Pension Funds' Securities Suit V. Vodafone Revived

Law360, New York (April 13, 2009, 12:00 AM EDT) -- Conceding that he did not consider the claims of an additional plaintiff in previously dismissing the case, a judge has agreed to reopen a putative securities class action lodged by a U.K.-based pension fund against Vodafone Group PLC alleging that the company inflated financial results.

On Thursday, Judge Kevin Castel filed an order in the U.S. District Court for the Southern District of New York granting the plaintiffs' request to reconsider dropping the case, which Judge Castel previously agreed to do for jurisdictional reasons on the...
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