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SCOTT v. ZST DIGITAL NETWORKS, INC.

No. CV 11-03531 GAF (JCx).

896 F.Supp.2d 877 (2012)

Robert SCOTT v. ZST DIGITAL NETWORKS, INC. et al.

United States District Court, C.D. California.

August 7, 2012.

Attorney(s) appearing for the Case

Laurence M. Rosen, Rosen Law Firm, Los Angeles, CA, for Plaintiff.

Stephen D. Hibbard, Shearman & Sterling LLP, San Francisco, CA, Andrew J. Rodgers, Christopher R. Fenton, Edward G. Timlin, Shearman & Sterling LLP, New York, NY, for Defendants.

ORDER RE: MOTIONS TO DISMISS

GARY ALLEN FEESS, District Judge.

I.

INTRODUCTION

Shareholders of ZST Digital Networks, Inc. ("ZST" or the "Company") bring this securities class action against the Company, a number of its senior officers, and its outside accountants and investment banks, alleging that Defendants' submission of conflicting financial information to American and Chinese regulatory bodies violated federal securities laws...

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