(December 10, 2021, 11:42 AM EST) -- RICHMOND, Va. — A Fourth Circuit U.S. Court of Appeals panel on Dec. 1 affirmed a federal district court’s dismissal of shareholder claims in a securities class action against an information technology (IT) company and two of its senior officers stemming from alleged misrepresentations the defendants made regarding the company’s reorganization plan, ruling that the shareholders failed to sufficiently plead scienter on the part of the defendants individually or holistically, as required....