U.S. Appeals Court Lets Investors Move Forward with Toshiba Suit

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A U.S. federal appeals court this week reversed a lower-court decision to dismiss an investors’ lawsuit against Toshiba, saying the suit may proceed in its complaint that Toshiba misled investors about internal accounting controls, which caused investors to suffer losses. The 9th U.S. Circuit Court of Appeals, in a 3-0 decision, said U.S. District Judge

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