Mealey's (July 18, 2019, 11:18 AM EDT) -- NEW ORLEANS — A federal district court did not err in dismissing federal securities law claims brought by investors of an oil company because the investors failed to sufficiently plead any material misrepresentations or omissions or scienter in making their claims, a Fifth Circuit U.S. Court of Appeals panel ruled in affirming on July 16 in an unpublished opinion (Police and Fire Retirement System of the City of Detroit, et al. v. Plains All American Pipeline L.P., et al., No. 18-20286, 5th Cir.)....