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IBM Says Lack Of Fraud Dooms Stock-Slump Class Actions

By Jack Newsham ( March 18, 2016, 6:08 PM EDT) -- IBM urged a New York federal judge Friday to kill three potential investor class actions that contend managerial fraud and cover-ups involving the sale of its microchip division made its stock plunge, saying the investors haven't argued the company violated accounting rules or hid its intentions or even that the divestment caused the price drop....

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