Forum Archive Index - August 2000
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[sharechat] What a bunch of clowns!
RE: Eldercare vs FCL
Justice Fisher held that the insider-trading
claim advanced by Eldercare was not even arguable.
He was critical of the way the case had been brought by Eldercare
describing its statement of claim as being “fraught with problems” and
said it contained an “unacceptable level of obscurity” and “simply does
not spell out the basis of an insider trading claim”.
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