9th Circuit To Weigh In On Sufficiency Of Scienter Claims In Securities Suit

(March 15, 2018, 2:07 PM EDT) -- SAN FRANCISCO — Lead plaintiffs and defendants in a securities class action lawsuit against identity theft protection provider LifeLock Inc. and certain of its senior officers recently asked the Ninth Circuit U.S. Court of Appeals to determine whether a federal district court in Arizona properly rejected the lead plaintiffs’ scienter allegations in dismissing their second amended complaint (Oklahoma Police Pension and Retirement System, et al. v. LifeLock Inc., et al., No. 17-16895, 9th Cir.)....

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