Misrepresentations, Materiality Sufficiently Pleaded, Investors Argue

(January 20, 2017, 1:35 PM EST) -- NEW YORK — Corporate defendants in a securities class action lawsuit have failed to show that lead plaintiffs did not plead a material misstatement or omission or materiality in making their federal securities law claims, and as a result, summary judgment is not warranted, the lead plaintiffs argue in a recent opposition brief filed in a New York federal court (In re Barclays Bank PLC Securities Litigation, No. 09-1989, S.D. N.Y.)....