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ALTIMEO ASSET MANAGEMENT v. QIHOO 360 TECHNOLOGY

19 Civ. 10067 (PAE).

663 F.Supp.3d 334 (2023)

ALTIMEO ASSET MANAGEMENT and ODS Capital LLC, individually and on behalf of all others similarly situated, Plaintiffs, v. QIHOO 360 TECHNOLOGY CO. LTD., Hongyi Zhou, Xiangdong Qi, and Eric X. Chen, Defendants.

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

Signed March 21, 2023.

Attorney(s) appearing for the Case

Jennifer Pafiti , Pomerantz LLP, Los Angeles, CA, Carol Cecilia Villegas , Labaton & Sucharow LLP, New York, NY, Jeremy Alan Lieberman , Pro Hac Vice, Michael Grunfeld , Pro Hac Vice, Pomerantz LLP, New York, NY, for Plaintiff Altimeo Asset Management.

Carol Cecilia Villegas , Jake E. Bissell-Linsk , David Jacob Schwartz , Labaton & Sucharow LLP, New York, NY, Jeremy Alan Lieberman , Michael Grunfeld , Pomerantz LLP, New York, NY, Jennifer Pafiti , Pomerantz LLP, Los Angeles, CA, for Plaintiff ODS Capital LLC.

Eric Foster Leon , Jason Craig Hegt , Hanyu Xie , Latham & Watkins LLP, New York, NY, Brian Christopher Raphel , Orrick Herrington & Sutcliffe LLP, New York, NY, Angela Liu , David H. Kistenbroker , Joni Jacobsen , Dechert LLP, Chicago, IL, for Defendants Qihoo 360 Technology Co. Ltd., Eric X. Chen.

Eric Foster Leon , Jason Craig Hegt , Hanyu Xie , Latham & Watkins LLP, New York, NY, for Defendant Hongyi Zhou.

OPINION & ORDER

This is a putative class action under the federal securities laws. Lead plaintiffs Altimeo Asset Management ("Altimeo") and ODS Capital LLC ("ODS") (collectively, "plaintiffs") claim that internet company Qihoo 360 Technology Co. Ltd. ("Qihoo") and three of its leaders carried out...

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