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Varjabedian v. Emulex

Ruling by

Mary H. Murguia

Lower Court

USDC Central District of California

Lower Court Judge

Cormac J. Carney

concurring Judge(s)

Morgan B. Christen
Finding important differences between Rule 10b-5 and Section 14(e) of the Exchange Act, panel parts ways with five circuit courts to determine 14(e) claim need not prove scienter, only negligence.



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