9th Circuit Asked To Uphold Dismissal Of Amended Complaint In Securities Suit

(July 12, 2018, 8:53 AM EDT) -- SAN FRANCISCO — A federal district court did not abuse its discretion in dismissing claims in a securities class action lawsuit against a content, connectivity and digital media solutions provider for the travel industry and certain of its former executive officers because shareholders failed to plead any actionable misrepresentation or scienter in making their federal securities law claims, the defendants argue in a June 29 appellee brief filed in the Ninth Circuit U.S. Court of Appeals (M&M Hart Living Trust v. Global Eagle Entertainment Inc., et al., No. 18-55122, 9th Cir.)....

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