COVINGTON, Ky. - Dismissal of a lead plaintiff's consolidated amended securities class action complaint is proper because the lead plaintiff failed to properly plead any materially misleading statements or omissions in violation of federal securities law, a federal judge in Kentucky ruled March 27 (In re Omnicare Inc. Securities Litigation, No. 11-173, E.D. Ky.; 2013 U.S. Dist. LEXIS 42973)....(read more)![]()
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