Law360, New York (June 07, 2007) -- A district court has thrown out a securities lawsuit against human resources firm Ceridian Corp., dismissing it as a “sprawling jumble” of an action that mistakes incompetence for fraud.
The suit, first filed by shareholders in the Minnesota district court in August 2004, was based on allegations of hundreds of unconnected accounting errors, not orchestrated mischief, Judge Patrick Schiltz...
