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Lead Plaintiffs Pleaded Scienter, Loss Causation In Securities Suit, Judge Rules

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ST. LOUIS - Lead plaintiffs in a securities class action against a drug company and certain of its current and former executive officers have properly pleaded scienter and loss causation in making their federal securities law claims, a federal judge in Missouri ruled April 30 (Public Pension Fund Group, et al. v. KV Pharmaceutical Co., et al., No. No. 08-1859, E.D. Mo.; 2013 U.S. Dist. LEXIS 61361; See June 2012, Page 12)....(read more)

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