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.

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