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Underwriters Dropped From Investor Suit Over Auto Co. IPO

By Dean Seal ( June 29, 2018, 6:05 PM EDT) -- An Illinois federal judge has granted a motion to dismiss charges against the underwriters of the initial public offering for auto parts reseller Fenix Parts Co., finding that an investor's securities law claim against them over untrue statements in Fenix's registration statement were time-barred....

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