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Justices Wary Of Moving 'Naked Shorts' Suit Out Of NJ Court

By Ed Beeson ( December 1, 2015, 9:25 PM EST) -- U.S. Supreme Court justices on Tuesday sharply questioned Merrill Lynch's claims that a shareholder suit accusing it and other companies of an illegal short-selling campaign doesn't belong in New Jersey state court, with several judges wondering whether federal securities laws necessarily preempt such a suit....

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