A New York district judge has dismissed a shareholders’ law suit against Optionable, the energy options brokerage, alleging that it misled investors.
Law firm Wites & Kapetan brought the action for shareholders who bought shares in the New York-based brokerage between May 6, 2005 and May 11, 2007. They sued Optionable and some of its officers and directors for “violations of the Securities Exchange Act...