Shareholders To Appeal Kmart Suit To 2nd Circ.
By Christopher Norton ( August 21, 2009, 2:50 PM EDT) -- A group of former Kmart Holding Corp. shareholders is appealing a district judge's decision to throw out a putative class action alleging executives at the discount retailer — now part of Sears Holdings Corp. — drove down stock prices by concealing the true value of the company's real estate assets....
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