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

Gold Securities

The Ninth Circuit overturned a ruling in favor of Allied Nevada Gold in a securities class action, finding the company misled investors and falling gold prices alone were not enough to account for its plummeted stock.

SAN FRANCISCO -- The Ninth Circuit on Thursday overturned a ruling in favor of Allied Nevada Gold in a securities class action, finding the company misled investors and falling gold prices alone were not enough to account for its plummeted stock.

Categories / Appeals, Securities

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