FIRST UNION WINS DISMISSAL OF ‘FRAUD BY HINDSIGHT’ ALLEGATIONS In re First Union Corp. Sec. Litig. | Secondary Sources | Westlaw

FIRST UNION WINS DISMISSAL OF ‘FRAUD BY HINDSIGHT’ ALLEGATIONS In re First Union Corp. Sec. Litig. | Secondary Sources | Westlaw

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FIRST UNION WINS DISMISSAL OF ‘FRAUD BY HINDSIGHT’ ALLEGATIONS In re First Union Corp. Sec. Litig.

6 No. 14 ANBLLLR 10Andrews' Bank & Lender Liability Litigation Reporter (Approx. 3 pages)

FIRST UNION WINS DISMISSAL OF ‘FRAUD BY HINDSIGHT’ ALLEGATIONS In re First Union Corp. Sec. Litig.

6 No. 14 ANBLLLR 10Andrews' Bank & Lender Liability Litigation Reporter (Approx. 3 pages)

6 No. 14 Andrews' Bank & Lender Liab. Litig. Rep. 10
Andrews' Bank & Lender Liability Litigation Reporter
March 8, 2001
Securities Fraud
Copyright (c) 2001 Andrews Publications

FIRST UNION WINS DISMISSAL OF ‘FRAUD BY HINDSIGHT’ ALLEGATIONS

In re First Union Corp. Sec. Litig.

A federal court in Charlotte, N.C., has dismissed the securities fraud action against First Union Corp., finding that the financial institution did not conceal the difficulties it was encountering with its merger with CoreStates. In a major victory...
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