Mealey's (February 7, 2023, 10:35 AM EST) -- SAN FRANCISCO — A federal district court did not err in dismissing federal securities law claims against a China-based semiconductor manufacturer and certain of its senior executives on allegations that the defendants concealed that the company had provided sensitive technology from U.S.-based companies to the Chinese military in violation of U.S. law because shareholders failed to sufficiently plead loss causation and scienter in bringing their claims, the manufacturer and executives argue in an appellee brief filed in the Ninth Circuit U.S. Court of Appeals....