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IN RE CHINA NORTH EAST PETROLEUM HOLDINGS LIMITED SECURITIES LITIGATION

Consolidated As No. 10 Civ. 4577 (MGC).

In re CHINA NORTH EAST PETROLEUM HOLDINGS LIMITED SECURITIES LITIGATION.

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

January 15, 2015.

Attorney(s) appearing for the Case

Jeremy A. Lieberman, Esq. , Marc I. Gross, Esq. , Shaheen Rushd, Esq. , Anthony F. Maul, Esq. , POMERANTZ HAUDEK GROSSMAN & GROSS LLP, New York, New York, Attorneys for Lead Plaintiff Acticon AG.

Thomas P. Mazzucco , Aaron K. McClellan , Nicholas C. Larson , James A. Lassart , MURPHY, PEARSON, BRADLEY & FEENEY, San Francisco, California, Attorneys for Defendants China North East Petroleum Holdings Limited, Wang Hong Jun, Guizhi Ju, and Zhang Yang.

OPINION

MIRIAM GOLDMAN CEDARBAUM, District Judge.

This putative class action is brought on behalf of all persons who purchased China North East Petroleum Holdings, Ltd. ("China North") securities during the period from May 15, 2008 through and including May 26, 2010 (the "class period"). In the Consolidated Class Action Complaint ("Complaint") dated January 15, 2011, lead plaintiff Acticon AG ("Acticon") brings claims against defendants China North, its...

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