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Legal News

: Lawyers and Settlements

Class Action Alleging Securities Fraud Will Proceed Against MoneyGram

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Minneapolis, MN: A securities fraud class action will proceed against MoneyGram International alleging stock fraud, even though the plaintiffs failed to assert a primary violation. A US District Court Judge ruled that even though the complaint did not adequately claim violations against MoneyGram, there was sufficient cause to pursue allegations of irregularities in stocks and securities.

Full post as published by Lawyers and Settlements on May 25, 2009 (boomark / email).

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