( June 4, 2025, 2:21 PM EDT) -- ATLANTA — A panel of the 11th Circuit U.S. Court of Appeals affirmed a lower court ruling dismissing a shareholder’s case against an automotive technology company and its founder and majority shareholder seeking to recover the founder and majority shareholder’s profits after the company repurchased shares of its stock on the open market, holding that federal securities statues and the Securities and Exchange Commission’s guidance prohibit such recovery....