Cobalt Can't Use CalPERS Ruling To Toss Cert., Judge Says

By Michelle Casady (August 23, 2017, 9:30 PM EDT) -- A federal judge in Texas on Wednesday denied Cobalt International Energy Inc.'s request to reconsider class certification in an investors' suit stemming from the company's alleged bribery of Angolan officials, writing that Cobalt's reliance on a recent U.S. Supreme Court decision to support its argument is "misplaced."...

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