3rd Circ. Remands Short-Sale Spat To NJ State Court

By Kelly Knaub ( November 10, 2014, 5:24 PM EST) -- The Third Circuit on Monday remanded to New Jersey state court a racketeering and securities fraud suit alleging Merrill Lynch & Co. Inc., Knight Capital Americas LP, UBS Securities LLC and others engaged in manipulative naked short-selling, saying the case does not arise under federal law....

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