Shareholders’ Claims Over Post-Turnaround Strategy Insufficient To Plead Scienter

( July 28, 2025, 4:02 PM EDT) -- NEW YORK — A federal judge dismissed shareholders’ putative class action complaint against a software company and two former and current executives alleging they misled investors about the success of their turnaround strategy, causing the stock to drop when the strategy was found to be unsuccessful, finding that the shareholders provided insufficient evidence to show scienter....

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