2nd Circ. Hands GSK A Win In Avandia Securities Suit
The U.S. Court of Appeals for the Second Circuit unanimously affirmed a lower court ruling on Monday, denying a victory to the U.K.-based Avon Pension Fund, two plumbers unions and a putative class of GSK stockholders.
“[W]e conclude that 'all of the facts alleged' in the complaint are insufficient to raise a cogent...
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