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Allou Investors Lose Bid For Cert. In KPMG Suit

By Christie Smythe (October 6, 2009, 3:06 PM EDT) -- Deeming two proposed lead plaintiffs ill-suited for the task, a federal judge has rejected a request for class status for former shareholders of Allou Healthcare Inc. in a suit accusing auditors KPMG LLP and Arthur Andersen LLP of failing to unearth accounting fraud at the defunct pharmacy products provider....

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