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Home » Store » News » Mixed Rulings on Subprime-Related Lawsuits

Mixed Rulings on Subprime-Related Lawsuits

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The recent dismissal of a lawsuit against a subprime lender looks to be a small victory in the ongoing battle between investors and publicly traded companies involved in the subprime sector. This month, the U.S. Court of Appeals for the Eighth Circuit affirmed the dismissal of a complaint alleging that NovaStar Financial misrepresented its financial condition. The court...
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