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BOLUKA GARMENT CO., LTD. v. CANAAN INC.

20-CV-7139 (JPO).

547 F.Supp.3d 439 (2021)

BOLUKA GARMENT CO., LIMITED, et al., individually and on behalf of all others similarly situated, Plaintiffs, v. CANAAN INC., et al., Defendants.

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

Signed July 8, 2021.

Attorney(s) appearing for the Case

Jeffrey S. Ratliff , Ransom Gilbertson Martin & Ratliff, LLP, Portland, OR, Jing Chen , Laurence Matthew Rosen , The Rosen Law Firm, P.A., New York, NY, for Plaintiffs Boluka Garment Co., Limited, Hongkou Tang.

Jeffrey S. Ratliff , Ransom Gilbertson Martin & Ratliff, LLP, Portland, OR, Jing Chen, The Rosen Law Firm, P.A., New York, NY, for Plaintiff Phillippe Lemieux.

Daniel Lucas Cantor , O'Melveny & Myers LLP, New York, NY, Jonathan W. Monson , Cable Huston LLP, Portland, OR, William Pao , Pro Hac Vice, William Ka Hing Pao , O'Melveny & Meyers LLP, Meg Kalikman Lippincott , Los Angeles, CA, for Defendant Canaan, Inc.

Audra Jan Soloway , Susanna Michele Buergel , Yahonnes Sadiki Cleary , Paul Weiss, New York, NY, Jonathan W. Monson , Cable Huston LLP, Portland, OR, for Defendant Citigroup Global Markets Inc.

Audra Jan Soloway , Susanna Michele Buergel , Yahonnes Sadiki Cleary , Paul Weiss, New York, NY, for Defendants China Renaissance Securities (Hong Kong) Limited, Galaxy Digital Advisors LLC, Huatai Financial Holdings (Hong Kong) Limited, Tiger Brokers (NZ) Limited, ViewTrade Securities, Inc.

OPINION AND ORDER

Boluka Garment Co., Limited ("Boluka"), and Hongkuo Tang, individually and on behalf of all others similarly situated, bring suit against Canaan Inc., five of its senior executives, and a number of companies involved in underwriting its initial public offering (together, "Defendants"),...

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