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NEW ORIENTAL EDUC. & TECH. GROUP SECURITIES LIT.

No. 12 Civ. 5724(JGK).

988 F.Supp.2d 406 (2013)

In re NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP SECURITIES LITIGATION.

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

December 23, 2013.

Attorney(s) appearing for the Case

Frederick Taylor Isquith, Sr., Wolf Haldenstein Adler Freeman & Herz LLP, Daniel Lawrence Berger, Grant & Eisenhoffer, Fei-Lu Qian, Jeremy Alan Lieberman, Marc Ian Gross, Patrick Vincent Dahlstrom, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY, for Plaintiff.

Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, Gary John Hacker, Skadden, Arps, Slate, Meagher & Flom, LLP, Chicago, IL, for Defendants.

OPINION AND ORDER

JOHN G. KOELTL, District Judge.

This is an alleged securities fraud action brought on behalf of a proposed class of investors in New Oriental Education and Technology Group Incorporated ("New Oriental"). The lead plaintiff, Mineworker's Pension Scheme ("MPS"), brings a consolidated putative class action suit on behalf of the purchasers of American Depository Shares ("ADS") of New Oriental who purchased ADS between October 19, 2009...

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