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Motorola bid to dismiss 3G phones lawsuit fails

Motorola bid to dismiss 3G phones lawsuit fails

Motorola bid to dismiss 3G phones lawsuit fails
News from Reuters:

People pass by the Motorola booth during the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2011.

Credit: Reuters/Steve Marcus


NEW YORK | Tue Jul 26, 2011 2:55pm EDT

(Reuters) – Motorola Solutions Inc lost a bid to dismiss a class-action lawsuit accusing it of misleading shareholders about deteriorating prospects for its cellphone business, resulting in investment losses.

In a decision on Monday, U.S. District Judge Amy St. Eve in Chicag…………… continues on Reuters


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