MetroPCS Dodges Securities Class Action
Plaintiff Kevin Hopson's allegations were too weak to support an inference that the executives intended to defraud the stock market, Judge A. Joe Fish of the U.S. District Court for the Northern District of Texas said.
MetroPCS, the U.S.' fifth largest cellular company, sells cellular services on a no-contract, flat-rate basis in large U.S. cities.
Hopson sued the company after stock...
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