Judge Pares Lions Gate Merger Suit Against Icahn

Law360, New York (March 23, 2011, 10:58 PM EDT) -- A New York federal judge on Wednesday dismissed part of Lions Gate Entertainment Corp.'s anti-merger suit against its unwanted suitor, billionaire investor Carl Icahn.

Judge Harold Baer Jr. of the U.S. District Court for the Southern District of New York dismissed part of the suit that claimed Icahn had violated securities disclosure laws by not revealing details of his takeover plans.

The claim is part of a larger suit alleging that Icahn lied to Lions Gate investors — telling them that Lions Gate's board was pursuing...
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