Lawyers for Diana Containerships are not mincing words when it comes to their call for a New York court to dismiss a shareholder lawsuit over dealings with Kalani Investments.
“Absurd” and “silly” are just two of the words hurled at the plaintiffs as defendants argue that claims of securities fraud are baseless.
“Plaintiffs’ case suffers from another glaring deficiency: It makes no sense,” write Diana lawyers from the New York law firm Fried, Frank, Harris, Shriver & Jacobson.
