(April 18, 2017, 2:24 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on April 17 heard oral arguments in an appeal of a Second Circuit U.S. Court of Appeals ruling affirming that shareholders that filed a securities class action lawsuit after opting out of settlement class against the same defendants were barred from doing so as their claims were outside the statute of repose (California Public Employees’ Retirement System v. Moody Investors Service Inc., et al., No. 16-373, U.S. Sup.)....