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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Bucks County Employees Retirement Fund v. Freeman & Co. Securities; Ally Financial Inc.;

A class blames misrepresentations by Ally Financial, formerly known as GMAC, and its underwriters for the more than 25 percent drop in share value two years after the subprime car-loan business earned $2.4 billion going public.

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