9th Circ. Denies USAE Bid To Dismiss Securities Suits

9th Circ. Denies USAE Bid To Dismiss Securities Suits

The Ninth Circuit on Tuesday rebuffed a bid by U.S. Aerospace Inc. officers to dismiss a pair of securities suits alleging that they made sham transactions to enrich themselves, finding that the shareholder plaintiffs have standing to sue and that diversity ...read more

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