A Manhattan federal judge dismissed part of a lawsuit by Lions Gate Entertainment Corp (LGF.N) against Carl Icahn that accused the activist investor of plotting to merge the studio with Metro-Goldwyn-Mayer. U.S. District Judge Harold Baer rejected on Wednesday claims that Icahn failed to disclose plans about a possible Lions Gate-MGM merger, in violation of securities law. The suit also said Icahn failed to disclose an agreement to buy the 5.4 percent share in Lions Gate owned by financier Mark Cuban, who owns the Dallas Mavericks basketball team. The judge said Icahn met disclosure requirements with amended securities filings.
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