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Re: NHNMx post# 9034

Friday, 07/06/2012 10:26:59 AM

Friday, July 06, 2012 10:26:59 AM

Post# of 9090
In the latest opinion in litigation accusing Chinese company Longtop Financial of massive securities fraud, a federal judge has rejected a motion to dismiss filed by Longtop's finance chief, saying the lead plaintiffs adequately pled that statements he made in the months leading up to the company's 2011 collapse were false and misleading.

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