Panel Affirms Dismissal Of Securities Class Action For Failure To Plead Scienter

Panel Affirms Dismissal Of Securities Class Action For Failure To Plead Scienter

NEW YORK - In an order made available on Oct. 4, and without providing further detail, a Second Circuit U.S. Court of Appeals panel affirmed a federal judge in New York's dismissal of a securities class action lawsuit for failure to plead scienter (Forsta AP Fonden, et al. v. Agnico Eagle Mines Ltd., et al., No. 13-0511, 2nd Cir.; 2013 U.S. App. LEXIS 20195).

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