9th Circuit Won’t Rehear Pension Fund’s Securities Case Against Gaming Company

( June 11, 2025, 12:27 PM EDT) -- PASADENA, Calif. — A panel of the Ninth Circuit U.S. Court of Appeals denied a pension fund’s petition for rehearing en banc of the  panel’s affirmation of dismissal of the fund’s class action alleging that a gaming company it invested in falsely inflated its share prices after finding that the fund needed to plead loss causation as part of its stock scheme claims....