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News - Quanta faces class actions over 2005 loss estimates.

Europe Intelligence Wire

| March 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Quanta is facing a shareholder class action relating to alleged losses arising from increases in 2005 loss reserves.

A securities class action lawsuit was commenced by law firm Bernstein Liebhard & Lifshitz on behalf of all persons who purchased or acquired Quanta Capital Holdings' common shares between 14 December 2005 ...

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