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Kirschbaum v. Reliant Energy - Fraud-Based Employer Stock Drop Claims (PDF)
Proskauer Rose LLP
[Guidance Overview] June 9, 2008
Pages 2-3 of 8 pages. Excerpt: In Kirschbaum v. Reliant Energy, Inc., 2008 WL 1838324 (5th Cir. Apr. 25, 2008), the Fifth Circuit addressed a fiduciary stock drop claim arising out of the energy trading scandals occurring between 1999 and 2001.
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