(August 23, 2018, 8:57 AM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on Aug. 20 affirmed a federal district court’s dismissal of a securities class action complaint against a hotel operator and several of its current and former executive officers and directors with prejudice for failure state for relief, ruling that it affirmed for “substantially the same reasons as those given by the District Court in its Memorandum & Order” (Police and Fire Retirement System of the City of Detroit v. La Quinta Holdings Inc., et al., No. 17-2941, 2nd Cir., 2018 U.S. App. LEXIS 23050)....