2nd Circuit:  Investors Don’t Show Falsity Of Real Estate Company’s Statements

(June 11, 2024, 4:06 PM EDT) -- NEW YORK — A panel of judges in the Second Circuit U.S. Court of Appeals affirmed in a June 10 summary order a New York federal judge’s decision to dismiss a putative class complaint brought by investors against a real estate company and certain of its executives, finding that the investors did not show how statements issued by the company related to a merger were false or misleading....