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XU v. GRIDSUM HOLDING INC.

No. 18-cv-3655-GHW.

624 F.Supp.3d 352 (2022)

Peifa XU, individually and on behalf of all others similarly situated, Plaintiff, v. GRIDSUM HOLDING INC., Guosheng Qi, Michael Peng Zhang, Ravi Sarathy, Guofa Yu, Perry Lin Chui, Xiang Fan, Yanchun Bai, Xudong Gao, Thomas Adam Melcher, Peter Andrew Schloss, Price WaterhouseCoopers Zhong Tian LLP, Goldman Sachs (Asia) LLC, Citigroup Global Markets Inc., and Stifel, Nicolaus & Company Incorporated, Defendants.

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

Signed August 29, 2022.

Attorney(s) appearing for the Case

Joseph Alexander Hood, II, Jeremy Alan Lieberman, Pomerantz LLP, New York, NY, for Plaintiff.

Michael C. Tu, Cooley LLP, Santa Monica, CA, Sarah M. Topol, Cooley LLP, New York, NY, for Defendants Gridsum Holding Inc., Thomas Adam Melcher, Guosheng Qi.

OPINION & ORDER

On April 23, 2018, Gridsum Holding, Inc., an overseas holding company that, through its subsidiaries, operates a portfolio of Chinese software firms, issued a press release announcing that the "audit report for [its] financial statements for the year ended December 31, 2016 should no longer be...

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