Law360, New York (July 06, 2012, 3:55 PM ET) -- Consumers trying to revive their lawsuit challenging Southwest Airlines Co.'s $1.4 billion merger with AirTran Holdings Inc. urged the Ninth Circuit on Thursday to use the case as a chance to disentangle conflicting case law about when plaintiffs can sue to block transactions.
The plaintiffs in the putative class action — who have argued that the district court improperly nixed the suit because it was filed a day after the deal closed — described the dismissal order as a "non sequitur" that belied the judge's own...
Southwest Plaintiffs Ask 9th Circ. For Clarity On Merger Suits
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