2nd Circuit Amends Securities Suit Ruling To Cut Portion On Unbriefed Claims

Mealey's ( October 9, 2024, 8:58 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals amended its order remanding to New York federal court a securities dispute brought by investors who said that an infrastructure company made misleading claims to investors, removing language vacating the dismissal of certain “scheme liability” claims that were not briefed before the trial court or on appeal, and denied as moot a defense petition for rehearing....