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Article

Katten Muchin Rosenman LLP | USA | 11 Mar 2011

False confidential witness information warrants reconsideration and dismissal in securities class action

The U.S. District Court for the Northern District of Illinois granted a motion for reconsideration pursuant to Rule 54(b) of the Federal Rules of Civil Procedure on the ground that the court's previous order denying a dismissal motion relied on false information concerning a confidential witness's position and personal knowledge

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