Majority Of Claims In Securities Fraud Suit Are Time-Barred, Judge Rules

Mealey's (December 5, 2017, 4:30 PM EST) -- WEST PALM BEACH, Fla. — Dismissal of a majority of claims in a securities fraud lawsuit against Children of America (COA), certain of its affiliates and others is warranted because those claims are time-barred under their respective statutes of limitations, a federal judge in Florida ruled Dec. 1 in granting in part and denying in part the defendants’ motion to dismiss (Daniel Martin v. World Wide Child Care Corp., et al., No. 17-80188, S.D. Fla., 2017 U.S. Dist. LEXIS 199033)....