Failure To Cure Pleading Deficiencies Leads To Dismissal Of Securities Suit

Mealey's (March 27, 2018, 11:56 AM EDT) -- NEW YORK — Lead plaintiffs in a securities class action lawsuit against Chipotle Mexican Grill Inc. and certain of its senior executives have failed to cure their pleading deficiencies that led to dismissal of their first amended complaint, a federal judge in New York ruled March 22 in granting the defendants’ motion to dismiss for failure to plead a material misrepresentation and scienter (Susie Ong v. Chipotle Mexican Grill Inc., et al., No. 16-141, S.D. N.Y., 2018 U.S. Dist. LEXIS 47513)....