1st Circ. Pondering En Banc Hearing In Columbia Suit
By Jocelyn Allison ( February 24, 2009, 12:00 AM EST) -- A federal appeals court is considering granting an en banc rehearing in a case against two former executives of Columbia Funds Distributors Inc. to consider whether underwriters of a mutual fund can be held liable for securities violations on a theory of implied statement....
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