Parties In Securities Suit Debate Whether Statements Were Accurate

(February 12, 2016, 1:15 PM EST) -- NEW YORK — In opposing briefs, parties in a securities class action lawsuit recently asked a federal judge in New York to determine whether his ruling denying dismissal of an amended complaint should be reconsidered (In re Genworth Financial Inc. Securities Litigation, No. 14-2392, S.D. N.Y.).

Lead plaintiffs City of Hialeah Employees’ Retirement System and New Bedford Contributory Retirement System filed a second amended complaint in the U.S. District Court for the Southern District of New York on behalf of all purchasers of Genworth Financial Inc....
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