Securities Fraud Claims In Nokia Stock-Drop Suit Dismissed With Prejudice

Mealey's (April 1, 2021, 2:05 PM EDT) -- NEW YORK — A federal judge in New York on March 29 ruled that the lead plaintiff in a securities class action lawsuit against Nokia Corp. and its former CEO stemming from Nokia’s acquisition of a technology company failed to plead any actionable misstatements or omissions in alleging that the defendants failed to disclose integration issues with the technology company’s 5G technology in violation of federal securities laws....