A putative class securities fraud action against global data services provider Equinix Inc. and two senior officials is again dismissed by a federal trial court in California Dec. 5 in litigation over alleged false and misleading statements on sales force integration and pricing strategy (Cement Masons & Plasterers Joint Pension Trust v. Equinix Inc.).
Judge Samuel Conti of the U. S. District Court for the Northern District of California Dec. 5 dismissed an earlier version of the complaint last March, which asserted claims on financial forecasts, pricing strategy, and sales force integration.
The latest attempt by the plaintiffs ...
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