2nd Circ. Nixes Bisys Shareholders' Bid To Sue PwC
The U.S. Court of Appeals for the Second Circuit affirmed an August 2007 ruling by U.S. District Judge Jed Rakoff, who confirmed PwC's October 2005 dismissal from the suit and denied what he then called the plaintiffs' bid for a “second bite of the apple.”
The appellate court...
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