Mealey's (January 25, 2017, 3:26 PM EST) -- SAN FRANCISCO — Dismissal of an investor’s amended complaint in a shareholder derivative lawsuit against members of the board of directors of an electronics company is proper because the investor failed to plead any material misrepresentations, scienter or loss causation, a federal judge in California ruled Jan. 23 in granting the defendants’ motion to dismiss (Pete J. Manger v. LeapFrog Enterprises Inc., et al., No. 16-1161, N.D. Calif.; 2017 U.S. Dist. LEXIS 9184)....