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Securities
Securities Fraud
Violation of the Securities Exchange Act

Dan Katz, individually and on behalf of all others similarly situated v. China Century Dragon Media Inc., et al.

Published: Aug. 3, 2013 | Result Date: Jul. 12, 2013 | Filing Date: Jan. 1, 1900 |

Case number: 2:11-cv-02769-PSG -SS Settlement –  $778,333

Court

USDC Central


Attorneys

Plaintiff

Laurence M. Rosen
(The Rosen Law Firm PA)


Defendant

Bryan T. Mohler

Lisa M. Buckley

Robert J. Catalano

Brian K. Tomkiel

Ian Y. Park

Joshua E. Lynn
(Lynn & O'Brien LLP)

Eugene R. Licker

Walter A. Edmiston
(Loeb & Loeb LLP)

Amanda J. Sherman

Issa F. Mikel

Patricia A. Golson

Robert W. Hayes

Christopher F. Wong
(Ogletree, Deakins, Nash, Smoak & Stewart)

Jennifer J. Moon
(Office of the Long Beach City Attorney)

Patrick M. Kelly
(ADR Services Inc.)

Michael J. Niborski

David S. Eisen
(Wilson, Elser, Moskowitz, Edelman & Dicker LLP)

Laura M. Vasey

Megan R. Peitzke

Bruce H. Jackson
(Baker & McKenzie LLP)

Julie E. Kamps
(WestPark Capital Financial Services, LLC)

Elizabeth A. O'Brien
(Lynn & O'Brien LLP)

John E. Lawlor
(John E. Lawlor, Attorneys at Law)


Facts

Dan Katz filed a securities class action against China Century Dragon Media Inc. (CDM) in connection with the company's Feb. 8, 2011 initial public offering (IPO). The complaint alleged that CDM made false and/or misleading statements, and failed to disclose material adverse facts about the company's business, operations, prospects, and performance.

Result

The parties reached a $778,333 settlement.


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