October 23, 2015
The Ninth Circuit on Friday revived a putative shareholder class action against ChinaCast Education Corp. over its chief executive officer's looting of $120 million from the company's coffers, ruling it might have to share the blame for the executive's intentional misleading of investors.
April 07, 2015
A buyer of ChinaCast Education Corp. stock on Tuesday urged the Ninth Circuit to revive a putative shareholder class action alleging the company's chief executive looted $120 million from its coffers, arguing the company should share blame for its executive's intentional misleading of investors.