Defendants Seek Dismissal, Transfer Of Securities Class Action Lawsuit

(December 11, 2015, 9:17 AM EST) -- NEW HAVEN, Conn. — Defendants in a securities class action lawsuit in a Dec. 3 motion to dismiss argue that a Connecticut federal court should dismiss the action or, in the alternative, transfer it to New York federal court under the Private Securities Litigation Reform Act’s (PSLRA) “First to File” rule because an identical class action was filed before the filing of the instant action (Lynn Waters-Cottrell v. Fifth Street Finance Corp., et al., No. 15-1488, D. Conn.).

(Motion to dismiss available. Document #57-151214-503B.)

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