Mealey's ( September 1, 2021, 2:36 PM EDT) -- NEW YORK — A federal district court did not err in dismissing claims in a shareholder class action lawsuit against a Chinese online marketplace and certain of its senior executives and members of its board of directors stemming from the defendants’ alleged misrepresentations regarding the company’s anti-counterfeiting measures and reporting of marketing expenses because the shareholders failed to sufficiently state a claim for relief in bringing their federal securities law claims, a Second Circuit U.S. Court of Appeals panel ruled Aug. 31 in affirming....