IN RE SHENGDATECH, INC. SECURITIES LITIGATION

No. 11 Civ. 01918 (TPG).

In re SHENGDATECH, INC. SECURITIES LITIGATION.

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

August 22, 2013.


Attorney(s) appearing for the Case

Donald D. Yaw, Lead Plaintiff, represented by Mario Alba, Jr, Robbins Geller Rudman & Dowd LLP, Avital Orly Malina, Robbins Geller Rudman & Dowd LLP, Edward Y. Kroub, Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman, Robbins Geller Rudman & Dowd LLP.

Edward J. Schaul, Lead Plaintiff, represented by Mario Alba, Jr, Robbins Geller Rudman & Dowd LLP, Avital Orly Malina, Robbins Geller Rudman & Dowd LLP, Edward Y. Kroub, Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman, Robbins Geller Rudman & Dowd LLP.

James Thomas Turner, Plaintiff, represented by Samuel Howard Rudman, Robbins Geller Rudman & Dowd LLP.

Erik S. Mathes, Consolidated Plaintiff, represented by Donald R. Hall, Jr, Kaplan Fox & Kilsheimer LLP, Frederic Scott Fox, Sr, Kaplan Fox & Kilsheimer LLP, Hae Sung Nam, Kaplan Fox & Kilsheimer LLP & Irina Kobylevsky, Kaplan Fox & Kilsheimer LLP.

Marlon Fund SICA V PLC, Movant, represented by Jeremy Alan Lieberman, Pomerantz Haudek Block Grossman & Gross LLP.

Thomas Loomis, Movant, represented by Irina Kobylevsky, Kaplan Fox & Kilsheimer LLP.

Shadas, Movant, represented by Phillip C. Kim, The Rosen Law Firm P.A..

Shengdatech, Inc., Defendant, represented by Robert Allen Horowitz, Greenberg Traurig, LLP.

KPMG LLP, Defendant, represented by Kevin Michael Hodges, Williams & Connolly LLP, Benjamin M. Greenblum, Williams & Connolly LLP & William Pruitt Ashworth, Williams & Connolly LLP.


OPINION

THOMAS P. GRIESA, District, Judge.

Defendants A. Carl Mudd and Sheldon B. Saidman move to dismiss this class action as against them. The motion is directed to the consolidated amended class action complain t.

This case involves a company called Shengdatech, and there are substantial allegations of the issuance of false and misleading financial information by the company.

The complaint names certain individual defendants who were employees...

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