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2nd Circ. Tosses Investor Suit Against Chinese Battery Co.

By Ben Conarck ( March 25, 2015, 7:11 PM EDT) -- The Second Circuit on Wednesday affirmed a lower court's denial of leave to amend a complaint accusing auditors of a Chinese battery manufacturer of misleading investors by disregarding numerous "red flags" that should have alerted them to the company's fraudulent financial statements. . . .

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