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Spirit AeroSystems Investors Lose False Statements Suit Appeal

Spirit AeroSystems Holdings Inc. investors didn’t plead the level of intent necessary to show the company’s allegedly misleading statements about orders from the part maker’s client Boeing Co. and about its accounting controls amounted to securities fraud, a divided Tenth Circuit panel ruled.


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Rachel V. Rose
Rachel V. Rose, Attorney at Law PLLC
Daniel Davis
Katten Muchin Rosenman