Pension Fund Seeks Rehearing En Banc Of Securities Case Against Gaming Company

( May 20, 2025, 9:43 AM EDT) -- PASADENA, Calif. — A pension fund filed a petition for rehearing en banc with the Ninth Circuit U.S. Court of Appeals, arguing that a panel was wrong to affirm the dismissal of its class action suit alleging that a gaming company it invested in falsely inflated its share prices by finding that it needed to plead loss causation as part of its stock scheme claims....