5th Circuit Determination Of Falsity, Scienter, Loss Causation Ruling Sought

(February 15, 2018, 1:17 PM EST) -- NEW ORLEANS — Parties in a securities class action lawsuit against natural foods retailer Whole Foods Market Inc. and others recently asked the Fifth Circuit U.S. Court of Appeals to determine whether a Texas federal district court erred in dismissing the lead plaintiff’s second amended complaint for failure to plead falsity, scienter and loss causation (Employees’ Retirement System of the State of Hawaii v. Whole Foods Market Inc., et al., No. 17-50840, 5th Cir.)....