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5th Circ. Won't Revive Tesco Shareholder Class Action

By Michelle Casady ( August 19, 2020, 7:45 PM EDT) -- The Fifth Circuit on Wednesday upheld a trial court's ruling that tossed a proposed shareholder class action lawsuit against energy technology company Tesco Corp., its former board of directors and Nabors Industries Ltd. alleging that they withheld important information ahead of Nabors' 2017 acquisition of Tesco....

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