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U.S. Securities and Exchange Commission v. All Know Holdings Ltd., et al.,
Case Number:
1:11-cv-08605
Court:
Nature of Suit:
Judge:
Firms
- Faegre Drinker
- Foley & Lardner
- Holland & Hart
- Kobre & Kim
- Law Offices of James A. McGurk
- Loeb & Loeb
- Reed Smith
- Squire Patton
Government Agencies
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June 11, 2013
Investors Dodge Insider Claims In $294M Pearson Deal
An Illinois federal judge on Monday tossed allegations that All Know Holdings committed securities fraud when it bought stock in a Chinese education company, saying there was insufficient evidence of insider information in the purchase days before Pearson PLC announced a $294 million deal to buy the company.
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December 06, 2011
Pearson Target's Boss Tipped Cohorts On $294M Deal: SEC
The chairman of a Chinese company purchased by British education and publishing giant Pearson PLC for $294 million likely tipped her associates ahead of the merger, the U.S. Securities and Exchange Commission said in a securities fraud suit filed Monday in Illinois federal court.