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Securities - Auto Supplier

In a multi-district consolidated class action alleging violations of the Securities Act of 1933 and the Securities Exchange Act of 1934 for alleged false and misleading statements and material omissions regarding the financial condition of a large auto supplier, Miller Canfield, with co-counsel, represented an underwriters group that included a number of major investment banks.  The case was settled after informal discovery and extensive mediation, and the court confirmed the settlement over objections.