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Federal Judge Dismisses Securities Class Action Against Timberland Co.

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CONCORD, N.H. - A New Hampshire federal judge on March 28 granted a motion filed by an outdoor gear company and others to dismiss a securities class action filed against them, finding that plaintiffs failed to allege specific facts showing that the company made false statements about its earnings (The City of Omaha Police and Fire Retirement System, individually and on behalf of itself and all others similarly situated v. The Timberland Company, et al., No. 11-cv-277, D. N.H.; 2013 U.S. Dist. LEXIS...(read more)

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