U.S. Appeals Court affirms in part dismissal of suit vs. Authentidate Holding
Authentidate Holding announced that the United States Court of Appeals for the Second Circuit has issued an order affirming in part and vacating and remanding in part the March 2009 decision of the U.S. District Court for the Southern District of New York, which had granted the company's motion to dismiss with prejudice shareholder class actions filed between June and August 2005 against the company and certain current and former directors and former officers. :theflyonthewall.com
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