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Investor Serves Up Securities Suit Over Poshmark-Naver Deal

By Jade Martinez-Pogue (December 2, 2022, 7:03 PM EST) -- Online clothing retailer Poshmark was hit with a securities lawsuit Friday in New York federal court over its proposed $1.2 billion merger with South Korean online retailer Naver Corp. for allegedly filing a "materially incomplete and misleading" proxy statement that failed to fully inform stockholders about what they'd be voting on....

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