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United States Second Circuit


IBEW Local Union v. The Royal Bank of Scotland Group, PLC, 13-3289

In a putative securities class action, brought by investors who purchased or acquired American Depository Shares (ADSs) of the Royal Bank of Scotland Group (RBS), alleging RBS and its executives made false and misleading statements that inflated the ADSs' prices, the district court's dismissal of securities fraud claims and denial of motions for reconsideration, to alter or amend the judgment, and for leave to file a second amended complaint are affirmed.

Appellate Information

  • Decided 04/15/2015
  • Published 04/15/2015

Judges

  • Chin

Court

  • United States Second Circuit

Counsel

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