Investor Claims In Groupon Stock-Drop Suit Dismissed As Puzzle Pleading

Mealey's (April 30, 2021, 2:34 PM EDT) -- CHICAGO — A federal judge in Illinois on April 28 granted a motion to dismiss filed by e-commerce marketplace Groupon Inc. and certain of its former senior executives, ruling that the allegations supporting the lead plaintiff’s federal securities law claims do not meet the strict pleading requirement of the Private Securities Litigation Reform Act (PSLRA)....