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SPECIAL SITUATIONS FUND III QP, L.P. v. DTTC, LTD.

No. 13 Civ. 1094(ER).

96 F.Supp.3d 325 (2015)

SPECIAL SITUATIONS FUND III QP, L.P.; Special Situations Cayman Fund, L.P.; Columbia Pacific Opportunity Fund, L.P.; Fir Tree Value Master Fund, L.P.; Fir Tree Capital Opportunity Master Fund, L.P.; Lake Union Capital Fund, L.P.; Lake Union Capital Te Fund L.P.; Ashford Capital Management, Inc.; ZS EDU L.P.; MRMP Managers LLC; WHI Growth Fund QP, LP; Douglas N. Woodrum; Robert A. Horne; Howard S. Berl; Brightlight Capital Partners LP; and Tortus Capital Master Fund, LP, Plaintiffs, v. DELOITTE TOUCHE TOHMATSU CPA, LTD.; Deloitte & Touche LLP; Antonio Sena; Justin Tang; Yin Jianping; Richard Xue; and the Estate of Michael Santos, Defendants.

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

Signed March 31, 2015.

Attorney(s) appearing for the Case

Amiad Moshe Kushner , Lowenstein Sandler LLP, New York, NY, Lawrence M. Rolnick , Lowenstein Sandler PC, Sheila A. Sadighi , Lowenstein, Sandler LLP, Thomas E. Redburn, Jr. , Lowenstein, Sandler, Brochin, Kohl, Fisher, Boylan & Meanor, Roseland, NJ, for Plaintiffs.

Gary Frederick Bendinger , Sidley Austin LLP, Jesse Lee Jensen , Savvas Antonios Foukas , William R. Maguire , Hughes Hubbard & Reed LLP, New York, NY, David Andrew Gordon , Sidley Austin LLP, Chicago, IL, Michael Dana Warden , Sidley Austin LLP, Washington, DC, for Defendants.

OPINION AND ORDER

In this securities fraud action, a group of investors who purchased stock in ChinaCast Education Corporation, Inc. ("ChinaCast" or the "Company"), an educational services company in the People's Republic of China ("PRC"),1 bring suit against the Company's Shanghai...

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