Judge Dismisses Investors’ Stock-Drop Suit Against Materials Science Company

( July 10, 2026, 9:10 AM EDT) -- SAN FRANCISCO — A federal judge in California dismissed without prejudice investors’ securities fraud class action against a materials science company and two of its officers for alleged misstatements regarding the company’s Chinese subsidiary that the plaintiffs alleged led to a drop in the company’s stock price, finding that the plaintiffs failed to allege scienter or loss causation....