Law360, New York (November 13, 2009) -- Deeming the plaintiffs' fraud allegations fatally general, a federal judge has jettisoned a putative class action accusing Horizon Lines Inc. and its senior officers of hiding from investors the fact that a price-fixing scheme propped up the shipping company's revenue gains.
On Friday Judge Harvey Bartle III of the U.S. District Court for the District of Delaware held that the plaintiffs — a collection of pension funds — failed to particularize...
