Lender, PE Funds Dodge Investor Suit Over Loan Program

By Carmen Germaine ( April 1, 2016, 2:48 PM EDT) -- A New York federal judge has tossed a shareholder suit alleging subprime lender Regional Management failed to disclose issues with one of its loan programs ahead of offerings of stock owned by several private equity funds, saying the investors were alleging fraud by hindsight....

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