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1. Ind. State Dist. Council of Laborers v. Omnicare, Inc., No. 07-6379, UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT, September 18, 2008, Argued, October 21, 2009, Decided, October 21, 2009, Filed
OVERVIEW: A securities fraud complaint was properly dismissed because no material misstatement or omission was alleged, the complaint did not adequately plead loss causation, and there was no allegation that defendants knew that legal compliance statements were false when made. Because no fraud claim was stated, the "controlling persons" claims failed.
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