Court Tosses Omnicom Shareholder Suit
The Appellate Division of the New York State Supreme Court denied the plaintiffs' motion to reargue or appeal a September decision which had granted Omnicom's motion to dismiss the lawsuit.
Eric L. Zagar, partner at Schiffrin Barroway Topaz & Kessler LLP, who represented the shareholder plaintiffs in the case, declined comment Wednesday.
On Sept. 25, 2007, the appellate court had reversed...
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