Mealey's (February 13, 2017, 9:33 AM EST) -- WEST PALM BEACH, Fla. — Two pension funds failed to plead any material misrepresentations or omissions or scienter in arguing that a company and certain of its executive officers issued misstatements regarding the company’s financial condition in the wake of an industry downturn, a federal judge in Florida ruled Feb. 8 in granting the defendants’ motion to dismiss (In re KLX Inc. Securities Litigation, No. 16-80023, S.D. Fla., 2017 U.S. Dist. LEXIS 17764)....