Mealey's (May 3, 2022, 2:20 PM EDT) -- SAN FRANCISCO — A split Ninth Circuit U.S. Court of Appeals panel on May 2 denied a shareholder’s petition for rehearing and rehearing en banc, in which a technology company and others argued that the panel majority erred in ruling that a shareholder may state a claim for violations of Section 11 the Securities Act of 1933 for shares of a company he purchased without being able to show that he relied on an allegedly misleading registration statement proved in connection with the issuance of the securities....