5th Circ. Affirms Dismissal Of Securities Beef V. TXU
By Pete Brush ( April 9, 2009, 12:00 AM EDT) -- A federal appeals court has affirmed the dismissal of a purported class action brought by investment groups accusing energy company TXU Corp. and its former chief operating officer of misrepresenting details of a securities buyback program to tempt investors to sell back securities at a reduced price prior to the announcement of a dividend increase....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.