Judge: Investor Fails To Cure Deficiencies In Securities Class Action Suit

SAN FRANCISCO - A shareholder has failed to cure any of the deficiencies in his amended consolidated complaint that led to the dismissal of his amended complaint in a securities class action lawsuit against a haptic technologies provider and certain of its former officers and directors for alleged violations of federal securities law, a federal judge in California ruled Dec. 16 in dismissing without leave to amend (In re Immersion Corp. Securities Litigation, No. 09-4073, N.D. Calif.; 2011 U.S. Dist. LEXIS 145160; See April 2011, Page 13). Full story on lexis.com