2nd Circuit: Filing Of Amended Securities Disclosures Moots Claims

(May 21, 2024, 2:06 PM EDT) -- NEW YORK — A panel of the Second Circuit U.S. Court of Appeals on May 20 found that a New York federal judge was correct to dismiss a 3D-printing company’s suit alleging that hedge funds did not show on disclosure forms that they were acting as a group when purchasing more than 5% of the company’s shares, finding that the claims were mooted by the funds’ filing of amended disclosure forms....