DRAGON STATE INTERNATIONAL LIMITED v. KEYUAN PETROCHEMICALS, INC.

No. 14 Civ. 8591 (PAC).

DRAGON STATE INTERNATIONAL LIMITED, Plaintiff, v. KEYUAN PETROCHEMICALS, INC., CHUNGFENG TAO, and AICHUN LI, Defendants.

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

February 3, 2016.


Attorney(s) appearing for the Case

Dragon State International Limited, Plaintiff, represented by Ronald Daniel Lefton , Greenberg Traurig, LLP & Caroline Jean Heller , Greenberg Traurig, LLP.

Keyuan Petrochemicals, Inc., Defendant, represented by Mark Leslie Deckman , Nixon Peabody, LLP & Robert D. Weber , DLA Piper US LLP.

Chunfeng Tao, Defendant, represented by Jenny D Johnson-Sardella , Leser Hunter Taubman & Taubman, PLLC & Mark David Hunter , Leser Hunter Taubman & Taubman, PLLC.


OPINION & ORDER

Plaintiff Dragon State International Limited claims that Defendants Keyuan Petrochemicals Inc., Keyuan's CEO Chungfeng Tao, and Keyuan's former CFO Aichun Li fraudulently induced Dragon State to purchase $20 million in Keyuan stock, pursuant to a Stock Purchase...

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