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Royal Park Says 2nd Circ. Petrobras Ruling Backs Class Cert.

By Cara Mannion (July 11, 2017, 3:49 PM EDT) -- Royal Park filed a flurry of letters in New York federal court Monday, saying the Second Circuit's recent decision in Petrobras investor litigation renders "baseless" three big banks' objections to certifying Royal Park's proposed class actions alleging the banks failed to protect investors from toxic mortgage-backed securities....

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