(April 28, 2020, 9:30 AM EDT) -- LOS ANGELES — A pop culture consumer products company’s board of directors violated federal securities law and breached its fiduciary duty by misrepresenting the company’s third quarter fiscal year 2019 and full-year outlook even though the company was experiencing lower than expected sales, investors allege in an April 23 shareholder derivative complaint filed in California federal court (Franco Cassella, et al. v. Brian Mariotti, et al., No. 20-3740, C.D. Calif.)....