Mealey's (February 4, 2021, 2:02 PM EST) -- NEW YORK — A federal district court did not err in dismissing claims in a shareholder class action lawsuit alleging that General Electric Co. (GE) and certain of its senior executives violated federal securities law by failing to disclose oxidation issues with GE’s new model gas turbines, as well as the extent of a $22 billion goodwill impairment, because a shareholder failed to sufficiently plead scienter in making its claims, a Second Circuit U.S. Court of Appeals panel ruled Feb. 3 in affirming....