Judge Says High Court Bars $17M Eminence Short-Swing Suit

By Martin O'Sullivan ( March 2, 2017, 2:02 PM EST) -- A Manhattan federal judge has ditched a suit brought by a Men's Wearhouse investor claiming that Eminence Capital LLC reaped an illegal $17 million insider profit in 2015 by selling its shares in the retailer, saying Wednesday the investor failed to overcome U. S. Supreme Court guidance supporting dismissal. . . .

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