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Swiss Re Wins Dismissal Of Credit Default Swaps Suit

By Lance Duroni ( October 4, 2010, 7:59 PM EDT) -- A federal judge has dismissed a pension fund's putative class action against Swiss Reinsurance Co., saying a recent U.S. Supreme Court decision bars the fund from reaching outside U.S. boundaries to pursue claims stemming from Swiss Re's heavy involvement in derivative securities during the 2008 mortgage crisis....

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