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Post# of 1072
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Alias Born 12/04/2009

Re: None

Wednesday, 03/07/2012 10:15:32 AM

Wednesday, March 07, 2012 10:15:32 AM

Post# of 1072
CCME has filed a motion to dismiss the class action lawsuit brought against it. the memorandum in support denigrates Muddy Waters and Citron Research, saying that they rely upon undisclosed sources and false documents; that Deloitte's resignation does not indicate that their SEC filings were false, only that CCME was unable to respond quickly enough to some unusual demands; that the DLA Piper inquiry is still ongoing (a year later); and that the class action lawyers do not appear to have undertaken any independent inquiry.


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