Judge: Shareholders In Securities Class Action Suit Failed To Plead Scienter

Mealey's (March 24, 2016, 9:47 AM EDT) -- NEW YORK — Dismissal of a securities class action lawsuit is proper because shareholders failed to plead scienter in making their federal securities law claims, a federal judge in New York ruled March 21 (In re DNTW Chartered Accountants Securities Litigation, No. 13-4632, S.D. N.Y.; 2016 U.S. Dist. LEXIS 36661)....