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Illinois Securities Law Questions & Answers
1 Answer | Asked in Securities Law for Illinois on
Q: If a judge does not dismiss a shareholder class action, ie Prime Group Realty , does that mean it willl go to trial?
Zaven Andranik Sargsian
Zaven Andranik Sargsian
answered on Dec 6, 2013

Assuming that the request to dismiss was made by way of a motion to dismiss, the answer is no. Federal law, and even Utah law for instance, allows a party to move to dismiss a lawsuit. If the judge denies the party's motion to dismiss, however, it doesn't necessarily mean that the case... View More

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