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Expert Analysis

Reading Tea Leaves After Amgen

Law360, New York (March 15, 2013, 2:10 PM EDT) -- On Feb. 27, 2013, the U.S. Supreme Court issued its ruling in Amgen Inc. v. Connecticut Retirement Plans and Trust Fund. In the decision, the court held that plaintiffs in 10b-5 securities litigation need not prove materiality of the alleged misrepresentation in order to obtain class certification....

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