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12/21/2012 05:58:30 PM EST

9th Circ. Revives VeriFone Stock Inflation Suit

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Law360: Securities

The Ninth Circuit on Friday revived a consolidated securities class action accusing point-of-sale equipment maker VeriFone Holdings Inc. and its chief officers of artificially inflating the company's stock price, ruling the facts in the complaint on the whole support allegations of willful recklessness. Read More...