Genworth Says Witness Recantations Ruin Investors' IPO Suit

By Joe Van Acker (February 17, 2016, 5:28 PM EST) -- Genworth Financial on Wednesday blasted investors opposing the insurance giant's bid to dismiss multidistrict litigation over an initial public offering delayed by a swell of mortgage insurance claims, telling a New York federal judge that they've relied on "irrelevant distractions" in an effort to rescue recanted testimony from the cutting-room floor....

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