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IBM’s cooperation with a National Security Agency surveillance program caused sales in China to “abruptly halt” and the company’s stock price to decline, a shareholder lawsuit claims.In a complaint filed Thursday in Manhattan federal court, the Louisiana Sheriffs’ Pension and Relief Fund accuses the company of defrauding investors by concealing its involvement in the agency’s PRISM program led to a dramatic drop in sales in China. The program, which was revealed in classified documents leaked to the press by former NSA contractor Edward Snowden, allowed the agency to collect and process foreign intelligence that passed through servers belonging to US tech companies.

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