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Indiana's high court to consider State Fair stage collapse
Stock Market News |
2015/09/24 22:59
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The Indiana Supreme Court is set to consider whether the state is responsible for some of the legal damages faced by a company that supplied stage rigging that collapsed at a state fair event in 2011, killing seven people.
The justices are scheduled to hear oral arguments Wednesday in the state's appeal of a March Court of Appeals ruling involving Mid-America Sound Corp.
That ruling found Indiana might be responsible for some legal damages faced by Mid-America, after high winds toppled the stage rigging onto fans awaiting the start of a concert by country duo Sugarland in August 2011.
Mid-America contends the state is financially responsible by contract for the cost of its defense and any judgments against it.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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