Judge Abused Discretion In Dismissing Securities Class Action, Investor Argues

Mealey's (February 14, 2019, 2:02 PM EST) -- NEW YORK — A federal judge abused his discretion in dismissing federal securities law claims against a provider of high technology products and services to the building and aerospace industries based on pre-motion letters and an earlier motion to dismiss to which the lead plaintiff had responded by filing an amended complaint, the lead plaintiff argues in a Feb. 7 appellant brief filed in the Second Circuit U.S. Court of Appeals (Kapitalforeningen Lægernes Invest v. United Technologies Corp., et al, No. 18-3208, 2nd Cir.)....