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CenturyLink Dividend-Cut Litigation Sinks On Scienter

By Pete Brush ( April 21, 2015, 7:38 PM EDT) -- A Louisiana federal judge threw out claims Tuesday that telecom CenturyLink Inc. misrepresented the safety of its chunky investor payouts — and top brass unlawfully dumped their shares — before a dividend cut, agreeing with a magistrate judge who found plaintiffs hadn't adequately pled the defendants knew they were making false statements....

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