( October 10, 2025, 7:59 AM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel affirmed the dismissal of investors’ putative class action against a mobile game developer, its executives, board members and underwriters alleging that the registration statement the developer issued in connection with its initial public offering was misleading because the developer did not include information about significant upgrade projects for two of its popular games; the panel found that the allegations were conclusory and that the risk statements in the registration statement covered the upgrade projects....