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141947P.pdf   06/22/2015  Thomas Podraza  v.  Richard Whiting
   U.S. Court of Appeals Case No:  14-1947
   U.S. District Court for the Eastern District of Missouri - St. Louis   
[PUBLISHED] [Shepherd, Author, with Wollman and Smith, Circuit Judges] Civil case - Securities Fraud. In action by shareholders alleging defendants, officers of Patriot Coal, violated various provisions of the Securities and Exchange Act by fraudulently capitalizing environmental remediation facilities' installations costs to avoid the impact expensing the costs would have had on Patriot's bottom line, the district court did not err in dismissing the action on the ground the complaint did not meet the Private Securities Litigation Reform Act of 1995's heightened requirement for pleading scienter.