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Shareholder Class Action

Directors of the online retailer Wayfair sold shares for $87.7 million at prices inflated by false and misleading statements, after which the share price sank by $14, shareholders say in a federal class action.

BOSTON — Directors of the online retailer Wayfair sold shares for $87.7 million at prices inflated by false and misleading statements, after which the share price sank by $14, shareholders say in a federal class action.

Categories:Consumers, Financial, Securities

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