Pension Funds Fail To Plead Falsity Regarding Airplane Part Defects

( September 16, 2025, 5:25 PM EDT) -- NEW HAVEN, Conn. — A federal judge in Connecticut dismissed pension funds’ securities fraud class action against an American multinational aerospace and defense corporation and certain of its officers and directors, finding the pension funds did not adequately plead falsity or scienter regarding statements made about a powdered metal defect in airplane engine parts the company manufactured....