Mealey's (September 13, 2019, 1:51 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Sept. 13 ruled that a federal district court did not err in granting summary judgment in favor of defendants in a securities class action because the lead plaintiff in the action failed to plead a material misrepresentation or omission in making his federal securities law claims (Benjamin Gross v. GFI Group Inc., et al., Nos. 18-1527 and 18-1665, 2nd Cir., 2019 U.S. App. LEXIS 27618)....