Securities Suit Against Construction Company Hangs On By Slim Margin

Mealey's (May 7, 2021, 10:14 AM EDT) -- DALLAS — A federal judge in Texas on May 5 ruled that although lead plaintiffs in a securities class action lawsuit against a provider of design, engineering, procurement and construction services in a variety of industries and others have cured some of their pleading deficiencies that led to the dismissal of their prior complaint, they have still failed to plead the necessary elements of their federal securities law claims with regard to all but one of alleged misstatements....