at *35 (S.D.N.Y. Nov. 10, 2009) (quoting Lerner v. Fleet Bank, 459 F.3d 273, 290 (2d Cir. 2006)). First, Claimants have not adequately pleaded that the Beir Steams Respondents failed to disclose material information — the risks of investing in the Funds — because such allegation conflicts squarely with the risk factors cl