On May 8, U.S. District Judge John Feikens, presiding in the Procter & Gamble v. Bankers Trust litigation, issued an order and opinion dismissing 12 bases for recovery asserted by P&G. (For P&G, these dismissed counts proved to be nonessential.)

The dismissed causes of action were based on federal securities laws, Ohio securities laws, federal commodity laws, the Ohio Deceptive Trade Practices Act, breach of fiduciary duty, negligent misrepresentation, and professional negligence.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.