The first securities class action to go to verdict in the Northern District of California since 2002 ended with a defense verdict Tuesday — just like the one in 2002. This time, JDS Uniphase and four of its executives snatched a complete win, ending plaintiffs′ dreams of up to $18 billion in damages. Investors accused the JDS defendants of misrepresenting the true health of the telecom company in 2000 and 2001, resulting in an artificially inflated stock price.
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