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Fitbit Investors Garner Class Cert. In Stock Drop Suit

By Cara Bayles (May 12, 2017, 4:49 PM EDT) -- A California federal judge Friday granted an unopposed motion to certify two classes of Fitbit shareholders who allege the company hid problems with its fitness tracking technology — one for investors who purchased shares in Fitbit's initial public offering, and another for those who bought between the IPO and the date the stock dropped....

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