Mealey's (January 25, 2019, 2:48 PM EST) -- CHICAGO — A federal district court did not err ruling that an investor class action lawsuit is a “covered class action” precluded by the Securities Litigation Uniform Standards Act of 1998 (SLUSA) and properly rejected an investor’s argument that SLUSA prelusion does not apply because she proposed a class that contains fewer than 50 members, a Seventh Circuit U.S. Court of Appeals panel ruled Jan. 24 in affirming (Susan Nielen-Thomas v. Concorde Investment Services LLC, et al., No. 18-2875, 7th Cir., 2019 U.S. App. LEXIS 2292)....