In re Williams Securities Litigation

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February 18, 2009

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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
PDF, Size: 78 KB

See Also

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

Legal and Court Case Update
May 2009

10th 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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