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Avenue Capital $6M MagnaChip Fraud Deal Tossed Again

By Dave Simpson (November 16, 2017, 7:43 PM EST) -- A California federal judge on Thursday refused for the second time to grant preliminary approval to a $6.2 million deal between MagnaChip Corp.'s majority shareholder Avenue Capital and the semiconductor products maker's common stock investors who sued for an alleged fraud scheme in which Avenue sold its shares at inflated prices....

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