Judge: Shareholders Have Standing To Bring Securities Fraud Claims

Judge: Shareholders Have Standing To Bring Securities Fraud Claims

NEW YORK - Shareholders in a securities class action lawsuit have standing to bring their claims against Direxion Shares ETF Trust and others because they have properly brought their claims within the statute of limitations, a federal judge in New York ruled March 6 (In re Direxion Shares ETF Trust, No. 09-8011, S.D. N.Y.; 2012 U.S. Dist. LEXIS 29709).

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