The U.S. Court of Appeals for the Ninth Circuit on Tuesday affirmed the dismissal of a securities action against mobile games platform Skillz, finding the company hadn’t oversold the platform’s success to investors.

The five-page opinion ends the appeal of a U.S. District Court for the Northern District of California decision brought by short-sellers claiming they purchased stock at a price Skillz artificially inflated by touting overall growth while failing to disclose relevant user engagement metrics.