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eSpeed, Inc. Class Action Dimissed



Shareholders tried to file a class action lawsuit against the electronic bond broker alleging securities fraud. The case was filed on behalf of all purchasers who, from August 12, 2003 to July 1, 2004, purchased eSpeed, Inc. securities. The lawsuit alleged violations of the Securities and Exchange Act of 1934. A Manhattan federal judge has dismissed the investor class action. (Apr-04-06) [REUTERS]


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