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State Securities Suits Hamper Markets, Justices Told

By Carmen Germaine ( September 6, 2017, 8:34 PM EDT) -- Law professors, industry groups and recently public companies have banded together to urge the U.S. Supreme Court to find state courts don't have jurisdiction over class actions related to securities offerings, saying confusion over the issue is leaving issuers exposed and damaging confidence in stock markets....

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