NASDAQ Beats Back Investor Claims of Bias Against Minority-Owned Businesses

U.S. District Judge Hector Gonzalez of the Eastern District of New York dropped the case on jurisdictional grounds, pointing out that the plaintiff—Trident Capital Group Fund I LLC—is just a shareholder in the sponsor of one of the merging companies.

       

U.S. District Judge Hector Gonzalez of the Eastern District of New York dropped the case on jurisdictional grounds, pointing out that the plaintiff—Trident Capital Group Fund I LLC—is just a shareholder in the sponsor of one of the merging companies.