In re Williams Securities Litigation

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Full Text of Court Cases
February 18, 2009
4813 Telephone Communications, Except Radiotelephone
517311 Wired Telecommunications Carriers
securities litigation

In re Williams Securities Litigation
2009 WL 388048 (C.A. 10 (Okla.))
Federal Court
10th Circuit
Court of Appeals
Behram V Perekh
Dr. Blaine Nye
McConnell

Summary

Tenth Circuit confirms summary dismissal of securities litigation for lack of reliable expert evidence showing a direct causal link between the parent company’s alleged fraud and the subsidiary’s (a telecom company) substantial loss of market value.
In re Williams Securities
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See Also

‘Fatal Flaw’ in Securities Litigation is Lack of Expert Loss Causation Evidence

Tenth Circuit confirms summary dismissal of securities litigation for lack of reliable expert evidence showing a direct causal link between the parent company’s alleged fraud and the subsidiary’s (a telecom company) substantial loss of market value.

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