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Investors: District Court Erred In Dismissing Federal Securities Law Claims

(August 14, 2015, 12:46 PM EDT) -- Case: In re ARIAD Pharmaceuticals Inc. Securities Litigation, No. 15-1491, 1st Cir.

Appellant brief: Filed Aug. 5 by shareholders Joseph Bradley Pension Trust Fund for Operating Engineers, City of Fort Lauderdale Police & Fire Retirement System, Automotive Industries Pension Trust Fund and William A. Gaul. Brief available. Document #57-150817-509B.

Background: 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. common stock from Dec. 12, 2011, to Oct. 30, 2013, and/or...
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