Mealey's (December 1, 2022, 2:22 PM EST) -- SAN FRANCISCO — A federal district court did not err in dismissing shareholder claims brought against a Chinese operator of livestreaming platforms and three of its current and former senior executives in a securities class action alleging that the defendants misrepresented the business and financial condition of one of its livestreaming platforms in anticipation of an acquisition agreement because the shareholders failed to sufficiently allege falsity and scienter in bringing their claims, the company and executives argue in an appellant brief filed in the Ninth Circuit U.S. Court of Appeals....