(May 7, 2024, 3:05 PM EDT) -- SAN FRANCISCO — A panel of judges in the Ninth Circuit U.S. Court of Appeals reversed a California federal judge’s decision to stay all proceedings in a putative securities class action brought against an energy company over alleged misstatements about its wildfire safety protocols before a series of large fires in California, certain of its executives, directors and bond underwriters after the company’s bankruptcy, finding that the judge failed to consider whether the stay would cause hardships that outweigh any benefits....