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Reconsideration Of Ruling Dismissing Securities Suit Not Proper, Judge Rules

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NEW YORK - A federal judge in New York on March 4 denied lead plaintiffs' motion for reconsideration of his ruling dismissing a securities class action lawsuit for failure to plead scienter and loss causation, ruling that they have failed to show that reconsideration is warranted (In re CRM Holdings, Ltd. Securities Litigation, No. 10-0975, S.D. N.Y.; 2013 U.S. Dist. LEXIS 30116)....(read more)

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