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REITAN v. CHINA MOBILE GAMES & ENTERTAINMENT GROUP

Nos. 14-CV-4471 (KMW), 14-CV-4745 (KMW).

68 F.Supp.3d 390 (2014)

Darryl REITAN, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. CHINA MOBILE GAMES & ENTERTAINMENT GROUP, LTD., Ken Jian Xiao, Ying Shuling, Credit Suisse Securities (USA) LLC, Barclays Capital, Inc., Jeffries LLC, Brean Capital, LLC and Nomura Securities International, Inc., Defendants. Sophia Chang, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. China Mobile Games & Entertainment Group, Ltd., Ken Jian Xiao, Ying Shuling, Credit Suisse Securities (USA) LLC, Barclays Capital, Inc., Jeffries LLC, Brean Capital, LLC and Nomura Securities International, Inc., Defendants.

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

Signed November 20, 2014.

Attorney(s) appearing for the Case

Kevin Koon-Pon Chan , Laurence M. Rosen , Phillip C. Kim , The Rosen Law Firm, PA, Gregory M. Egleston , Gainey McKenna & Egleston, Richard William Gonnello , Faruqi & Faruqi, LLP, Jeremy Alan Lieberman , Pomerantz LLP, New York, NY, Robert Vincent Prongay , Glancy Binkow & Goldberg LLP, Los Angeles, CA, Gregory Bradley Linkh , New York, NY, for Plaintiff.

Andrew Brian Clubok , Adam Thomas Humann , Eric Scott Merin , Leopoldo Joaquin Yanez , Kirkland & Ellis LLP, Daniel Craig Lewis , Jeffrey D. Hoschander , Adam Selim Hakki , Shearman & Sterling LLP, New York, NY, for Defendants.

OPINION & ORDER

Two similar, putative securities fraud class actions against China Mobile Games & Entertainment Group, Ltd. ("CMGE"), certain of its officers and directors, and several investment banks who underwrote CMGE's secondary public offering (collectively "Defendants") are currently...

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