District Court’s Denial Of Leave To Amend Complaint In Securities Suit Affirmed

Mealey's (April 30, 2019, 2:12 PM EDT) -- NEW YORK — A federal district court employed the correct standard in denying lead plaintiffs’ request for leave to amend their complaint in a securities class action lawsuit against a specialty pharmaceutical company and certain of its current and former senior executives after the court had entered judgment, a Second Circuit U.S. Court of Appeals panel ruled April 29 in affirming (Steamfitters’ Industry Pension Fund, et al. v. Endo International PLC, et al., No. 18-1669, 2nd Cir., 2019 U.S. App. LEXIS 12741)....