Card Briefs: U.S. Court Dismisses 5 Suits Against Metris

Metris Cos. said shareholder lawsuits filed against it in October were dismissed in U.S. District Court for Minnesota.

The dismissals with prejudice mean the plaintiffs cannot sue again on the same issues.

Several lawsuits, seeking class-action status, alleged that Metris had inflated its stock price with misleading disclosures.

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