Securities Fraud Claims Dismissed In Semiconductor Company Stock-Drop Suit

Mealey's (October 14, 2019, 10:55 AM EDT) -- PHILADELPHIA — A federal judge in Pennsylvania on Oct. 9 ruled that lead plaintiffs in a securities class action lawsuit have failed to sufficiently plead their federal securities law claims against a manufacturer of capital equipment and expendable tools used to assemble semiconductor devices (Mandira Kumar, et al. v. Kulicke & Soffa Industries Inc., et al., No. 19-0362, E.D. Pa., 2019 U.S. Dist. LEXIS 175867)....