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8th Circuit Substantially Affirms Dismissal Of Securities Law Claims

Mealey's (September 3, 2015, 2:38 PM EDT) -- ST. LOUIS — A federal district court did not err in dismissing a number of claims in a securities fraud lawsuit because those claims were not timely filed, but it did err in dismissing a claim under New Jersey law, as that claim was timely filed, an Eighth Circuit U.S. Court of Appeals panel ruled Sept. 1 (Herschel Zarecor, et al. v. Morgan Keegan & Co. Inc., No. 13-3315, 8th Cir.; 2015 U.S. App. LEXIS 15555).

(Opinion available. Document #57-150921-019Z.)

On July 27, 2009, Herschel and...
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