Securities Class Action Dismissed For Failure To Plead Falsity, Scienter

Mealey's (June 14, 2018, 2:09 PM EDT) -- NEW YORK — A federal judge in New York on June 11 dismissed an amended shareholder complaint in its entirety and with prejudice, ruling that lead plaintiffs failed to plead falsity or scienter in making their federal securities law claims against an animal pharmaceutical company and certain of its senior executives (In re Aratana Therapeutics Inc. Securities Litigation, No. 17-880, S.D. N.Y., 2018 U.S. Dist. LEXIS 98535)....