The U.S. Court of Appeals for the Ninth Circuit has become the second federal appeals court to hold that investors can't sue over alleged misstatements that an acquired company makes leading up to a ...
"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations ...
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