Mealey's (March 24, 2022, 1:59 PM EDT) -- PASADENA, Calif. — A federal district court in California did not err in dismissing shareholder claims against Twitter Inc. and two of its senior executives in a securities class action alleging that the defendants misrepresented that improvements made to the company’s mobile application promotion (MAP) advertising product would generate more revenue for the company because the shareholders failed to sufficiently plead that any of the defendants’ alleged misstatements or omissions were material, a Ninth Circuit U.S. Court of Appeals panel ruled March 23 in affirming....