Mealey's (February 11, 2019, 1:36 PM EST) -- NEW ORLEANS — A federal district court did not err in dismissing a securities class action lawsuit against an oilfield products supplier and certain of its executive officers because the lead plaintiff in the action failed to sufficiently plead scienter in making its federal securities law claims, a Fifth Circuit U.S. Court of Appeals panel ruled Feb. 7 (Alaska Electrical Pensions Fund v. Flotek Industries Inc., et al., No. 17-20308, 5th Cir., 2019 U.S. Dist. LEXIS 3873)....