Defendants: Pension Fund Failed To Plead Scienter, Loss Causation

(November 12, 2015, 8:30 AM EST) -- NEWARK, N.J. — Defendants in a securities class action lawsuit asked a federal judge in New Jersey on Nov. 4 to dismiss a pension fund’s federal securities law claims on grounds that the pension fund failed to plead falsity, scienter and loss causation (In re Hertz Global Holdings Inc. Securities Litigation, No. 13-7050, D. N.J.)....