BlackBerry loses bid to dismiss BlackBerry 10 lawsuit in NY, fall trial possible


FILE PHOTO: A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada June 23, 2015. REUTERS/Mark Blinch/File Photo

NEW YORK (Reuters) - A U.S. judge on Monday rejected BlackBerry Ltd's bid to dismiss a long-running lawsuit claiming it defrauded shareholders by inflating the success and profitability of its BlackBerry 10 smartphones, and said the class-action case could go to trial this fall.

U.S. District Judge Colleen McMahon in Manhattan said "genuine issues of material fact" remained in dispute in the more than eight-year-old case, including over BlackBerry's accounting, and that "battle-of-the-experts" issues precluded her from ruling for one side or the other.

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