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
Joshua E. Lynn
(Lynn & O'Brien LLP)
Walter A. Edmiston
(Loeb & Loeb LLP)
Christopher F. Wong
(Ogletree, Deakins, Nash, Smoak & Stewart)
Jennifer J. Moon
(Office of the Long Beach City Attorney)
Patrick M. Kelly
(ADR Services Inc.)
David S. Eisen
(Wilson, Elser, Moskowitz, Edelman & Dicker LLP)
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.
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390