Defendants: Alleged Misstatements In Securities Suit Were Not Actionable

Mealey's (May 13, 2019, 1:43 PM EDT) -- NEW YORK — A federal judge did not abuse his discretion in dismissing federal securities law claims against a provider of high technology products and services to the building and aerospace industries and certain of its senior executives, the defendants argue in a May 9 appellee 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.)....

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