Investor Argues It Properly Pleaded All Elements Of Its Securities Law Claims

Mealey's (June 22, 2016, 2:11 PM EDT) -- PITTSBURGH — Dismissal of a securities class action lawsuit is not proper because the lead plaintiff in the action has properly pleaded a material misrepresentation or omission, scienter and loss causation, the lead plaintiff argues in a June 20 opposition brief filed in Pennsylvania federal court (James Martin v. GNC Holdings Inc., et al., No. 15-1522, W.D. Pa.).

(Opposition brief available. Document #57-160718-501B.)

Lead plaintiff KBC Asset Management NV filed an amended complaint in the U.S. District Court for the Western District of Pennsylvania on behalf...
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