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9th Circ. Kills Yelp Investor Action Over FTC Complaints

By Jack Newsham ( November 21, 2017, 5:41 PM EST) -- The Ninth Circuit on Tuesday backed a lower court judge's decision to dismiss a shareholder suit against Yelp Inc. , saying the plaintiffs can't rest their fraud case on the fact that the company's stock price fell after the FTC disclosed it was the subject of over 2,000 regulatory complaints. . . .

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