Mealey's Litigation Procedure - 2nd Circuit Panel Affirms Dismissal Of Securities Class Action Lawsuit

Mealey's Litigation Procedure - 2nd Circuit Panel Affirms Dismissal Of Securities Class Action Lawsuit

NEW YORK - A federal district court did not err in dismissing a shareholder class action lawsuit against an oil company and others, a Second Circuit U.S. Court of Appeals panel ruled Feb. 3, agreeing substantially with the district court's findings (Samuel Sinay, etc. v. CNOOC Ltd., et al., No. 13-2240, 2nd Cir.; 2014 U.S. App. LEXIS 2010).

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