Mealey's (January 28, 2021, 1:36 PM EST) -- LOS ANGELES — A federal judge in California on Jan. 25 granted a motion to dismiss filed by defendants in a securities class action against a real estate finance company and others, ruling that the lead plaintiff failed to show that the defendants misrepresented the risks of its underwriting practices, the company’s increased portfolio of nonperforming loans and the condition of the real estate market in light of the novel coronavirus pandemic in the offering documents for its initial public offering in violation of federal securities law....