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A federal judge in Philadelphia has certified a shareholder suit against software company Corel Corp. as a class action open to any investor who bought stock in the company between Dec. 7, 1999, and March 20, 2000. Plaintiffs' lawyers urged that the class be expanded, arguing that Corel continued to hide the true state of its financial problems for three more months after the Dec. 20 announcement of fourth-quarter losses.
May 08, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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