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2nd Circ. Won't Revive Suit Over Dating Site Debt Investment

By Katryna Perera ( February 1, 2024, 7:10 PM EST) -- The Second Circuit has agreed with a lower court that a suit brought by two investment firms against adult dating network FriendFinder Networks Inc. and its founder should be tossed because, among other things, a federal Trust Indenture Act claim cannot be added to the action since it involves a private placement of securities....

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