Plaintiffs Seek High Court Review Of Securities Class Action Under Omnicare

(November 13, 2015, 7:52 AM EST) -- WASHINGTON, D.C. — Shareholders in a securities class action lawsuit asked the U.S. Supreme Court on Oct. 29 to review a Second Circuit U.S. Court of Appeals ruling denying leave to amend a complaint, contending that Supreme Court precedent in Omnicare Inc., et al. v. The Laborers District Council Construction Industry Pension Fund and The Cement Masons Local 526 Combined Funds is in direct conflict with the ruling of the lower courts (NECA-IBEW Pension Trust Fund, et al. v. Kenneth D. Lewis, et al., No. 15-562,...
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