Panel Remands Portion Of Securities Fraud Suit To District Court

Mealey's (June 11, 2019, 2:14 PM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on June 6 ruled that although a federal district court properly dismissed certain misrepresentation claims made by plaintiffs in a securities fraud lawsuit, other alleged misrepresentations and omissions were properly pleaded, and, therefore, the district court erred in dismissing them (Doctor David Masel, et al. v. Adriana Villarreal, et al., No. 18-40499, 5th Cir., 2019 U.S. App. LEXIS 17288)....