Lead Plaintiffs Denied Bid To Amend Complaint In Shareholder Class Action

Mealey's (April 2, 2021, 2:19 PM EDT) -- NEW YORK — A federal judge in New York on March 31 denied a motion filed by lead plaintiffs in a securities class action against a Chinese express delivery company and others to amend their complaint, ruling that the new allegations proposed by the lead plaintiffs are time-barred under the statute of limitations or fail to cure the pleading deficiencies that led to a prior dismissal of their federal securities law claims....