2nd Circ. Won't Revive Dynegy Securities Fraud Class Action
By Stephanie Russell-Kraft ( June 25, 2015, 1:50 PM EDT) -- The Second Circuit on Thursday declined to revive a putative class action alleging various officers and directors of Dynegy Inc. misled investors about a 2011 restructuring, finding that the Texas-based electric utility company provided shareholders with all relevant information at the time and never acted with any intent to deceive them....
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