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FASANO v. GUOQING LI

16 Civ. 8759 (KPF).

482 F.Supp.3d 158 (2020)

Joe FASANO; Altimeo Optimum Fund; and Altimeo Asset Management, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, v. GUOQING LI; Peggy Yu Yu; Dangdang Holding Company, Ltd.; E-Commerce China Dangdang Inc.; Kewen Holding Co. Ltd.; Science & Culture Ltd.; First Profit Management, Ltd.; Danqian Yao; Lijun Chen; Min Kan; Ruby Rong Lu; Ke Zhang; and Xiaolong Li, Defendants.

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

Signed August 28, 2020.

Attorney(s) appearing for the Case

Ben Hutman, Boies, Schiller & Flexner LLP, Armonk, NY, Douglas R. Hirsch, Samuel Jay Lieberman, Sadis & Goldberg, New York, NY, for Plaintiffs.

Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendant Guoqing Li.

Scott D. Musoff, James William Brown, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendants Peggy Yu Yu, Dangdang Holding Company, Ltd., E-Commerce China Dangdang Inc., Kewen Holding Co. Ltd., Science & Culture Ltd., First Profit Management, Ltd., Danqian Yao, Lijun Chen, Min Kan.

OPINION AND ORDER

In September 2016, the shareholders of E-Commerce China Dangdang Inc. approved a "going private" merger (the "Merger"). Co-Lead Plaintiffs Joe Fasano, Altimeo Optimum Fund, and Altimeo Asset Management brought a putative class...

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