Argent Beats Proposed Class Action Over $198M Stock Buy

By Emily Brill (August 7, 2019, 8:41 PM EDT) -- A North Carolina federal judge has tossed a proposed class action against Argent Trust Co., holding that the Choate Construction Co. employee who claimed Argent failed to properly vet her company benefits plan's $198 million purchase of allegedly overvalued stock misunderstood the nature of the transaction....

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