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Data Co. Says 2nd Circ. Goldman Ruling Backs Its Decert. Bid

By Katryna Perera (September 12, 2023, 6:30 PM EDT) -- Data backup provider Carbonite Inc. has urged a Massachusetts federal judge to decertify a class of investors claiming the company overhyped a product that was later pulled from the market, arguing that a recent Second Circuit decision supports its assertion that the investors failed to show how any of the alleged misstatements affected the company's stock price....

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