Flawed Study Dooms AOL Investors' Suit, 1st Circ. Says

By Brandon Lowrey ( May 15, 2014, 8:56 PM EDT) -- The First Circuit on Wednesday upheld a federal judge's decision to toss an AOL shareholder class action against Credit Suisse, saying plaintiffs relied on a flawed study to prove they lost money because of the bank's glowing reports on AOL during its 2001 merger with Time Warner Inc....

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