( November 7, 2025, 8:23 AM EST) -- NEW ORLEANS — Investors filed a petition for panel rehearing and a petition for rehearing en banc in the Fifth Circuit U.S. Court of Appeals, arguing that the court was wrong to affirm a district court’s order that partially granted and partially denied class certification in its securities fraud class action against an offshore development company because the decision undermines the established framework in securities fraud class actions by not treating purchasers and acquirers the same....