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The pleading standard for loss causation in the 2d U.S. Circuit Court of Appeals requires plaintiffs in a securities fraud case to allege a concealment of risk and to show that this concealment, which was later exposed, caused the plaintiff's loss, a federal judge has ruled.
July 18, 2005 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
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