Mealey's (March 15, 2023, 11:25 AM EDT) -- HOUSTON — A Fifth Circuit U.S. Court of Appeals panel ruled that while a federal district court erred in determining that it lacked jurisdiction to hear an investor’s motion for relief in a securities class action against a hospital operator and certain of its current and former senior executives, the lower court’s dismissal of the investor’s lawsuit was correct because the investor improperly relied on statements the defendants allegedly made in third-party pleadings....