8th Circuit Won’t Rehear Appeal In Securities Class Action Against Best Buy
Mealey's (June 2, 2016, 2:25 PM EDT) -- ST. PAUL, Minn. — The Eighth Circuit U.S. Court of Appeals on June 1 denied a petition for rehearing filed by shareholders in a securities class action lawsuit in which an Eighth Circuit panel reversed and remanded a federal district court’s class certification ruling (IBEW Local 98 Pension Fund, et al. v. Best Buy Co., Inc., et al., No. 14-3178, 8th Cir.).
(Order available. Document #57-160620-040R.)
The Circuit Court denied the petition, which was filed by lead plaintiff Marian Haynes and named plaintiff International Brotherhood of...