Judge Dismissess Federal Securities Claims Against Chinese Company, Others

Judge Dismissess Federal Securities Claims Against Chinese Company, Others

LOS ANGELES - A lead plaintiff in a securities class action lawsuit against a Chinese company and certain of its current and former officers and directors and others has failed to plead its federal securities law claims against certain defendants, a federal judge in California ruled May 31 in dismissing the lead plaintiff's consolidated complaint (In re A-Power Energy Generation Systems Ltd. Securities Litigation, No. 11-2302, C.D. Calif.).Subscribers may view the opinion available within the full update.

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