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ARTICLE · 08 AUGUST 2014

China Integrated Energy Investors Denied Class Cert.

Fox Rothschild LLP
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Peter C. Buckley, Joshua Horn, Christine Soares, Jeffrey S. Kravitz and Jacqueline Lechtholz-Zey were featured in the Law360 article "China Integrated Energy Investors Denied Class Cert."

United StatesLitigation, Mediation & Arbitration

Peter C. Buckley, Joshua Horn, Christine Soares, Jeffrey S. Kravitz and Jacqueline Lechtholz-Zey were featured in the Law360 article "China Integrated Energy Investors Denied Class Cert." While the full text can be found in the August 4, 2014, issue, a synopsis is below.

On August 4, 2014, a federal judge in California refused to certify a class of China Integrated Energy Inc. shareholders who claimed the company misstated its 2009 revenue in a regulatory filing. The judge ruled that the plaintiffs failed to prove that the presumptive class was based on the company's supposed misrepresentations because they cited a flawed expert allegation.

Peter C. Buckley represents some of the director defendants and told Law360, "We are pleased with Judge O' Connell's decision and her thoughtful analysis of the issues."

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