Toshiba Investors Denied Class Cert. In Accounting Fraud Suit
By Katryna Perera ( January 7, 2022, 9:01 PM EST) -- A proposed class of Toshiba investors suing the company over an alleged $2.6 billion accounting fraud was denied certification Friday by a California federal judge who said the pension fund plaintiffs bringing the suit failed to satisfy the so-called typicality requirement for class certification because their shares weren't purchased on a U.S. exchange....
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