Securities Class Action Against Fortis Booted
By Hilary Russ ( February 22, 2010, 7:24 PM EST) -- A federal judge has thrown out a securities class action against Fortis that accused the international banking and insurance company of misleading investors about its exposure to subprime mortgage-backed securities and its precarious financial state in the lead-up to its planned acquisition of the Dutch commercial banking entity ABN Amro Holding NV....
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