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Scienter inadequately pled under the standard set forth in the PSLRA
- Katten Muchin Rosenman LLP
- -
- USA
- -
- October 8 2010
The U.S. District Court for the Southern District of Indiana dismissed plaintiff’s securities fraud action against a nationwide health care benefits provider, and its officers and directors, in which plaintiff alleged that defendants artificially inflated the price of the stock by making certain false and misleading statements
