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PERS board lowers investment earnings assumption

PERS board lowers investment earnings assumption
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Nielsen Investors Seek Class Cert In GDPR-Linked Suit

ADVERTISEMENT Nielsen Investors Seek Class Cert. In GDPR-Linked Suit Law360 (July 16, 2021, 7:20 PM EDT) Investors in a proposed class action against data analytics company Nielsen Holdings PLC have asked a New York federal court to certify the class over their allegations that Nielsen made false statements about the solidity of its business and the effects the European Union s General Data Protection Regulations could have on the company. Lead plaintiff, Public Employees Retirement System of Mississippi, and the others argue that a class of those who purchased or acquired Nielson common stock between July 26, 2016, and July 25, 2018, should be certified based on its satisfaction of six factors numerosity, commonality, typicality, adequacy, predominance.

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