Judge: Investors Properly Pleaded Claims In Securities Class Action Lawsuit

Judge: Investors Properly Pleaded Claims In Securities Class Action Lawsuit

KANSAS CITY, Kan. - Investors in a securities class action lawsuit have properly pleaded materiality, scienter and loss causation in making their federal securities law claims against a company and certain of its current and former officers and directors, a federal judge in Kansas ruled Sept. 25 (Stan Better, et al. v. YRC Worldwide Inc., et al.,  No. 11-2072, D. Kan.; 2012 U.S. Dist. LEXIS 136749).

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