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Lululemon Tells 2nd Circ. Insider Trading Claim A Stretch

By Max Stendahl ( March 27, 2015, 4:23 PM EDT) -- An attorney for Lululemon Athletica Inc. on Friday urged the Second Circuit not to revive a shareholder derivative action alleging the yoga apparel maker's board looked the other way while its founder pocketed nearly $50 million through insider trading, calling the allegation "preposterous."...

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