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Home / Law / E*Trade wins dismissal of auction-rate class action

E*Trade wins dismissal of auction-rate class action

E*Trade Financial Corp., the online brokerage that hasn't made money since 2007, won dismissal of a class-action lawsuit accusing it of making misrepresentations to customers in selling them auction-rate securities. Kansas City-based Stueve Siegel Hanson is representing investors in the lawsuit. New York federal Judge Sidney H. Stein dismissed the complaint Thursday. The judge, who read his ...

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