Mealey's (March 16, 2022, 2:01 PM EDT) -- NEW YORK — A federal district court did not err in dismissing claims in a securities class action against German automaker Volkswagen Aktiengesellschaft and certain of its current and former directors alleging that the defendants violated federal securities laws by engaging in anticompetitive conduct with four other German automakers because shareholders failed to make the necessary requisite showing of a material misrepresentation or scienter as statutorily required, a Second Circuit U.S. Court of Appeals panel ruled in affirming on March 15....