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Investors who filed lawsuits claiming that investment banks and technology companies artificially inflated the stock price for hundreds of initial public offerings during the peak years of the stock market boom cleared a major hurdle Wednesday when federal Judge Shira A. Scheindlin in New York rejected motions to dismiss made by 55 underwriters and 309 companies whose stock was brought to market during that time.
February 20, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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