United States: District Of Minnesota Dismisses Exchange Act Claims Against Mattress Company With Prejudice, Finding Investors Failed To Adequately Plead Falsity And Scienter  - Shearman & Sterling LLP

United States: District Of Minnesota Dismisses Exchange Act Claims Against Mattress Company With Prejudice, Finding Investors Failed To Adequately Plead Falsity And Scienter - Shearman & Sterling LLP

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The Court dismissed the amended complaint with prejudice, holding that plaintiffs failed to adequately plead falsity and scienter.

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