U.S. Appeals court revives lawsuit over VeriFone restatement
Posted on December 21, 2012 at 13:16 PM EST
SAN FRANCISCO, Dec 21 (Reuters) - A U.S. appeals court revived a proposed securities class action against VeriFone Systems Inc over a 2007 restatement, ruling that the plaintiff investors properly alleged that VeriFone executives were "reckless" as to the truth of financial reports.