Panel Upholds Summary Judgment Ruling In Investor Suit Over Securities Sales

Mealey's (February 9, 2021, 2:04 PM EST) -- PHILADELPHIA — A Third Circuit U.S. Court of Appeals panel on Feb. 5 ruled that a federal court did not err in granting summary judgment on a majority of claims filed by investors who alleged that a technology and investment company, two of its senior executives and several related entities violated state and federal securities laws in offering unregistered securities based on several alleged misrepresentations....