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In re: Costa Brava Partnership III v. Chinacast Education Corp., et al
Case Number:
12-57232
Court:
Nature of Suit:
-
October 23, 2015
9th Circ. Revives Suit Over ChinaCast CEO's $120M Fraud
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.
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April 07, 2015
ChinaCast To Blame In CEO's $120M Fraud, 9th Circ. Told
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.