(June 5, 2017, 9:48 AM EDT) -- SEATTLE — A federal judge did not err in dismissing a securities class action against a financial institution and certain of its former executive officers because a shareholder failed to show that the defendants acted with the requisite scienter and failed to plead falsity in making its federal securities law claims, a Ninth Circuit U.S. Court of Appeals panel ruled in affirming on May 22 (City of Roseville Employees’ Retirement System v. Sterling Financial Corp., No. 14-35902, 9th Cir., 2017 U.S. App. LEXIS 8893)....