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2nd Circuit Panel Overturns Dismissal In Securities Suit

Mealey's (August 11, 2015, 11:17 AM EDT) -- NEW YORK — Shareholders in a securities class action lawsuit against the manufacturer of the Keurig single-cup brewing system and certain of its executive officers have properly pleaded facts to support their federal securities law violation claims, a Second Circuit U.S. Court of Appeals panel ruled July 24 (Employees’ Retirement System of Government of the Virgin Islands, et al. v. Lawrence J. Blanford, et al., No. 14-199, 2nd Cir.; 2015 U.S. App. LEXIS 12901).

(Opinion available. Document #57-150817-031Z.)

Shareholders filed a consolidated class action complaint in...
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