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Expert Analysis

NY Rulings Show State Court Aversion To Securities Act Suits

By Israel Dahan and Alexander Noble ( March 3, 2021, 5:39 PM EST) -- On Feb.16, the First Department Appellate Division of the New York Supreme Court issued a widely anticipated ruling in In the Matter of Sundial Growers Inc., in which it affirmed a trial court's dismissal of a putative class action brought under the federal Securities Act....

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