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HENG REN INVESTMENTS LP v. SINOVAC BIOTECH LTD.

Civil Action No. 19-11612-NMG.

588 F.Supp.3d 153 (2022)

HENG REN INVESTMENTS LP, Plaintiff, v. SINOVAC BIOTECH LTD., et al., Defendants.

United States District Court, D. Massachusetts.

Signed March 3, 2022.

Attorney(s) appearing for the Case

James E. Grumbach, Boston Law Collaborative, LLC, Wellesley, MA, Stephen Ryan, Jr., Ryan Litigation and Advocacy PLLC, Arlington, MA, for Plaintiff.

Eric F. Leon, Jooyoung Yeu, Pro Hac Vice, Latham & Watkins LLP, New York, NY, William J. Trach, Latham & Watkins LLP, Boston, MA, Clayton D. LaForge, Pro Hac Vice, J. Christian Word, J. Christian Word, Pro Hac Vice, Latham & Watkins LLP, Washington, DC, for Defendants.

MEMORANDUM & ORDER

This action arises out of a public investment in private equity transaction ("the PIPE transaction"). In that transaction nearly 12 million new shares of Sinovac Biotech Ltd. ("Sinovac" or "defendant") stock were allegedly issued and sold to two private investors affiliated with...

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