Mealey's (May 11, 2022, 8:30 AM EDT) -- CHICAGO — A federal district court did not err in dismissing shareholder claims against a packaged food company and others stemming from the defendants’ alleged concealment of financial issues with a company they acquired because the shareholders failed to sufficiently plead any actionable misstatement or omission or scienter in making their federal securities law claims, a Seventh Circuit U.S. Court of Appeals panel ruled May 9 in a nonprecedential order....