Mealey's (October 7, 2021, 2:01 PM EDT) -- NEW YORK — A federal district court erred in applying the U.S. Supreme Court’s ruling in Morrison v. National Australia Bank, Ltd. in an investor class action against the developer of a transportation rental platform and cryptocurrency that would be used to make purchases on the platform because the district court improperly concluded that the plaintiffs’ claims were “substantively federal securities claims for fraud brought under federal securities law, a Second Circuit U.S. Court of Appeals panel ruled Oct. 4 in vacating and remanding....