Defendants: Judge Properly Dismissed Securities Law Claims

(October 15, 2015, 12:20 PM EDT) -- BOSTON — Defendants in a securities class action lawsuit filed appellee briefs in the First Circuit U.S. Court of Appeals on Sept. 25, alleging that a federal district court did not err in dismissing federal securities law claims against them for various reasons (In re ARIAD Pharmaceuticals Inc. Securities Litigation, No. 15-1491, 1st Cir.).

(ARIAD defendants’ appellee brief available. Document #57-151019-507B.)

Shareholders filed a second amended complaint in the U.S. District Court for the District of Massachusetts on behalf of all purchasers of ARIAD Pharmaceuticals Inc....
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