Shareholders tried to file a class action lawsuit against the company alleging securities fraud regarding the circulation overstatement at The Dallas Morning News. The case was filed on behalf of those who acquired Belo Corp. securities between May 12, 2003 and August 6, 2004. The United States District Court for the Northern District of Texas granted the motion of Belo Corp. to dismiss the purported federal securities class action. (Mar-31-06)
[FINANZEN NEWS]
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