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"New Parmalat" Securities Suit To Go Forward

By Marc Tracy ( July 2, 2007, 12:00 AM EDT) -- A putative securities class action against the reorganized Parmalat SpA, whose predecessor-company's implosion has been likened to the Enron and WorldCom debacles, passed one obstacle Thursday when a federal judge ruled that so-called "New Parmalat" may be held liable for "Old Parmalat's" alleged fraud....

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