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CHRISTINE ASIA CO. v. ALIBABA GROUP HOLDING LTD.

No. 15-md-02631 (CM).

192 F.Supp.3d 456 (2016)

CHRISTINE ASIA CO., LTD., et al., Plaintiffs, v. ALIBABA GROUP HOLDING LIMITED, et al., Defendants.

United States District Court, S.D. New York.

Signed June 24, 2016.

Attorney(s) appearing for the Case

Laurence Matthew Rosen , Phillip Kim , The Rosen Law Firm, Lesley Frank Portnoy , Glancy Prongay & Murray LLP, Donald A. Broggi , Joseph Peter Guglielmo , Scott + Scott, L.L.P., Fei-Lu Qian , Joshua H. Saltzman , Robert Craig Finkel , Wolf Popper LLP, Francis Paul McConville , Labaton & Sucharow LLP, Jeremy Alan Lieberman , Matthew L. Tuccillo , Pomerantz LLP, New York, NY, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Laurence M. Rosen , The Rosen Law Firm, Los Angeles, CA, David Avi Rosenfeld , Samuel Howard Rudman , Mary Katherine Blasy , Robbins Geller Rudman & Dowd LLP, Melville, NY, David R. Scott , Scott & Scott, LLC, Colchester, CT, Patrick Vincent Dahlstrom , Pomerantz LLP, Chicago, IL, Jennifer Pafiti , Pomerantz LLP, Beverly Hills, CA, Amber L. Eck , Zeldes Haeggquist & Eck, LLP, San Diego, CA, Long Z. Liu , The Liu Law Group, San Gabriel, CA, for Plaintiffs.

George S. Wang , Jonathan K. Youngwood , Simpson Thacher & Bartlett LLP, New York, NY, James Glenn Kreissman , Simona Gurevich Strauss , Stephen Patrick Blake , James G. Kreissman , Simpson Thacher & Bartlett LLP, Palo Alto, CA, for Defendants.

AMENDED MEMORANDUM DECISION AND ORDER GRANTING DEFENDANTS' MOTION TO DISMISS

The issue raised by this garden-variety securities fraud complaint is simple: is an offering document that fully discloses all substantive investment risks materially misleading if it fails to disclose that a government agency, in a country very...

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