Federal Judge Will Not Reconsider Securities Law Claims In Fraud Lawsuit

Federal Judge Will Not Reconsider Securities Law Claims In Fraud Lawsuit

NEW YORK - A federal judge in New York on Sept. 27 declined to reconsider an investor's claims that an auditor violated federal securities law by failing to properly investigate certain red flags that would have uncovered a Ponzi scheme (Iowa Public Employees' Retirement System v. Deloitte & Touche LLP, No. 12-2136, S.D. N.Y.; 2013 U.S. Dist. LEXIS 139612).

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