6th Circ. Won't Reverse 'Willy-Nilly' For Investment Firm

By Elizabeth Daley ( January 25, 2024, 6:21 PM EST) -- A Sixth Circuit panel told investment firm Stout Risius Ross Inc. it wouldn't reverse a Michigan federal court's decision "willy-nilly" at oral arguments Thursday, when the firm sought to prevent partial reimbursement for underlying stock valuation litigation while its insurer continued to fight for total payback. . . .

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