'In-And-Out' Trades Don't Doom Lead Plaintiff Bid, Judge Says

By Emilie Ruscoe

A Manhattan federal judge appointed a Pomerantz LLP client as lead plaintiff in a shareholder suit against Nano Nuclear Energy Inc., rejecting arguments that the investor's handful of so-called in-and-out trades in the company's stock should preclude her from representing the proposed class in securities fraud allegations against the company.

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