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Loss Causation Investment Summary Judgment

Orrick, Herrington & Sutcliffe LLP

Court dismisses Ohio pension fund’s securities suit against Freddie Mac

On August 29, the U.S. District Court for the Northern District of Ohio granted summary judgment to Freddie Mac and former executives, ending an investor suit brought by an Ohio state pension fund over alleged...more

Proskauer - Employee Benefits & Executive...

Eleventh Circuit Reiterates that Burden of Proving Loss Causation Stays with Plaintiffs

The Eleventh Circuit Court of Appeals recently affirmed a district court’s grant of summary judgment in favor of the fiduciaries of the Home Depot 401(k) plan, who defended against claims that they breached their fiduciary...more

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