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9th Circ. Revives Shareholder Suit Over UDraw Sales

By Martin O'Sullivan (January 13, 2017, 3:04 PM EST) -- The Ninth Circuit has revived a proposed shareholder class action alleging that two executives of now-bankrupt THQ Inc. misled investors leading up to the company's failed plan to expand its popular Nintendo Wii accessory to other game platforms, saying the pair's optimistic statements were not protected....

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