Securities Fraud Suit Over Orthofix-SeaSpine Merger Survives on Warranty Misrepresentation, But Exchange Act Claims Dismissed for Lack of Loss Causation
A federal judge in the Eastern District of Texas kept alive Securities Act claims tied to a false representation in the Orthofix-SeaSpine merger agreement, while dismissing the Exchange Act fraud counts because plaintiffs' own allegation...
In re Orthofix Medical, Inc. Securities Litigation