STMicro wins $400M in auction-rate securities law suit(0)
STMicroelectronics was awarded $400 million in damages as a resolution of its law suit against Credit Suisse Securities USA that charged the brokerage unit of the Swiss investment bank with misleading Europe’s largest chip maker over its investment in auction-rate securities, according to a Bloomberg News report. The Credit Suisse unit must also pay Read the rest of this entry »
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