Judge: Allegedly Misleading Statements In Stock Drop Suit Unactionable

( April 8, 2026, 2:14 PM EDT) -- PITTSBURGH — A federal judge in Pennsylvania adopted a magistrate judge’s report and recommendation that the judge grant in part and deny in part a motion to dismiss investors’ securities fraud case against DICK’s Sporting Goods and certain of its executives regarding allegedly false and misleading statements about the state of its inventory, finding that most of the statements are unactionable....