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uzualsuzpect

09/13/11 7:17 PM

#334421 RE: uzualsuzpect #334419

The Court finds that the Equity Committee has made sufficient allegations and presented enough evidence to state a colorable claim that the Settlement Noteholders acted recklessly in their use of material nonpublic information. See Goldman v. McMahan, Brafman, Morgan & Co., 706 F. Supp. 256, 259 (S.D.N.Y.1989) (“An egregious refusal to see the obvious, or to investigate the doubtful, may in some cases . . . be the functional equivalent of recklessness.
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fixedops

09/13/11 7:51 PM

#334458 RE: uzualsuzpect #334419

Cheater... I started at the beginning...lol

IV. CONCLUSION