Certain Investor Claims In Securities Class Action Over Merger Deal Remanded

Mealey's (June 23, 2020, 9:18 AM EDT) -- PHILADELPHIA — A Third Circuit U.S. Court of Appeals panel on June 18 ruled that a federal district court partially erred in determining that shareholders in a securities class action stemming from a merger deal between two banks failed to plead any actionable misstatements or omissions in making their federal securities law claims (David Jaroslawicz v. M&T Bank Corp., et al., No. 17-3695, 3rd Cir.)....