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2nd Circ. Reverses 1-800-Flowers Investor's $4.9M Win

By Melissa Angell ( November 24, 2020, 9:45 PM EST) -- The Second Circuit has overturned a decision in a derivative securities suit ordering a hedge fund with a stake in 1-800-Flowers to cough up the $4.9 million it earned buying and selling company stock, finding that questions remain over who controls the shares in the flower delivery retailer....

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