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Omnicare Raises Bar On Exec Opinion Suits In 2nd Circ.

By Ed Beeson ( March 7, 2016, 10:51 PM EST) -- In its recent take on the U.S. Supreme Court's landmark Omnicare ruling, the Second Circuit rendered a decision that will make it harder to sustain securities suits over rosy corporate projections that fail to bloom, finding that companies don't have to disclose every little thing that could cut against their outlook, even if investors would find some of those facts meaningful....

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