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Dorsey's Fintech Co. Beats Investor's Cash App Suit, For Now

By Lauren Berg ( November 21, 2024, 10:39 PM EST) -- Jack Dorsey's Block Inc. convinced a California federal judge Wednesday to toss a securities lawsuit alleging the company painted a rosier-than-reality picture of its Cash App and failed to explain why former U.S. Secretary of the Treasury Larry Summers resigned from its board, but the investor will get a chance to rework the complaint....

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