Amgen loses as top U.S. court backs class actions

[riky]

Amgen loses as top U.S. court backs class actions

<p><a href="http://news.yahoo.com/us-high-court-rules-against-amgen-class-action-151625664--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/GGNgfAHXupc59L3T8hC2tQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-02-27T182610Z_2_CBRE91Q16FL00_RTROPTP_2_USA-HEALTHCARE-COURT-CLERKS.JPG" width="130" height="86" alt="Two policemen talk in front of the U.S. Supreme Court in Washington" align="left" title="Two policemen talk in front of the U.S. Supreme Court in Washington" border="0" /></a>WASHINGTON/NEW YORK (Reuters) - The U.S. Supreme Court made it easier on Wednesday for shareholders to bring class-action lawsuits, breaking a recent line of decisions that had made it harder to sue corporate defendants collectively and perhaps obtain greater recoveries. By a 6-3 vote, the court allowed shareholders of Amgen Inc to sue the biotechnology company as a group without first having to show that misinformation had materially and fraudulently inflated its stock price. ...</p><br clear="all"/>

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