Mealey's (October 17, 2017, 3:03 PM EDT) -- NEW YORK — A federal district court did not err in dismissing a securities class action lawsuit for failure to plead scienter because the lead plaintiff in the action failed to plead motive, conscious misbehavior or recklessness on the part of the defendants in making his federal securities law claims, a Second Circuit U.S. Court of Appeals panel ruled Oct. 13 in affirming (Christopher Wyche v. Advanced Drainage Systems Inc., et al., No. 17-743, 2nd Cir., 2017 U.S. App. LEXIS 20056)....