1st Circuit Asked To Decide Whether Securities Claims Were Properly Pleaded

(June 15, 2017, 4:38 PM EDT) -- BOSTON — Parties in a securities class action lawsuit against a drug company and certain of its current and former executive officers asked the First Circuit U.S. Court of Appeals recently to determine whether a federal judge in Massachusetts erred in dismissing the shareholders’ federal securities law claims for failure to plead scienter (Morad Ghodooshim, et al. v. Sarepta Therapeutics Inc., et al., No. 17-1139, 1st Cir.)....