The Modest Early Settlements of Securities Suits Involving U.S.-Listed Chinese Companies — The D & O Diary

Beginning in 2010 and accelerating in 2011, plaintiffs’ lawyers filed a wave of securities class action lawsuits against U.S.-listed Chinese companies, many of which obtained their U.S. listings via reverse merger. These cases have been making their way through the courts, and some have now reached the settlement stage. The settlements seem to share more in common  than the involvement of U.S.-listed Chinese companies – the settlements are also relatively modest.

via The Modest Early Settlements of Securities Suits Involving U.S.-Listed Chinese Companies — The D & O Diary