( October 8, 2026, 8:47 AM EDT) -- PHILADELPHIA — A Third Circuit U.S. Court of Appeals panel vacated a lower court’s dismissal of investors’ class action alleging that a biotechnology company and its top officer misled investors through certain financial disclosures that when corrected caused the stock’s price to drop, finding that the lower court relied on a categorical materiality rule when dismissing the case after the U.S. Supreme Court held that categorical rules cannot be used in a materiality analysis....