Mealey's (April 10, 2020, 2:08 PM EDT) -- PHOENIX — The lead plaintiff in a securities class action lawsuit against energy company Taronis Technologies Inc. and certain executive officers and directors has sufficiently pleaded the elements of his federal securities law claims against the company and its CEO in alleging that the defendants issued a false and misleading press release stating that the company had entered into a contract with San Diego for the city to use Taronis’ product as its choice of fuel when no such deal had been reached, a federal judge in Arizona ruled April 8 (Kui Zhu v. Taronis Technologies Inc., et al., No. 19-4529, D. Ariz., 2020 U.S. Dist. LEXIS 61671)....