Judge Sinks Class In Suit Over Superior Offshore IPO

By Pete Brush (June 11, 2010, 3:39 PM EDT) -- A federal judge has declined to certify a class of shareholder plaintiffs in a lawsuit accusing Superior Offshore International Inc. and its securities underwriters of making false statements ahead of a $152 million initial public offering in April 2007 that preceded the oil exploration services firm's bankruptcy by one year....

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