Investors Say Feds Wrong On State Securities Suit Petition

By Carmen Germaine (June 12, 2017, 8:15 PM EDT) -- A group of shareholders suing network support products provider Cyan Inc. over its initial public offering told the U.S. Supreme Court last week the acting solicitor general was wrong to recommend the high court take up Cyan's petition over whether investors can bring such claims in state court, even though the government supported their interpretation....

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