Chinese TV Co. Asks Judge To Boot Securities Class Action

Law360, Los Angeles (November 10, 2011, 8:13 PM EST) -- A Chinese television advertising company asked a California federal judge on Thursday to dismiss a proposed securities class action accusing the company of falsifying its financial statements, arguing that the investors' lawsuit doesn't allege any specific frauds.

Attorneys representing China Century Dragon Media Inc. said the lawsuit failed to show how alleged discrepancies in public filings it made with the U.S. Securities and Exchange Commission and filings submitted to Chinese regulators by a related company show China Century attempted to inflate its earnings artificially.

Dan Katz...
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Case Information

Case Title

Dan Katz v. China Century Dragon Media, Inc. et al


Case Number

2:11-cv-02769

Court

California Central

Nature of Suit

Other Statutory Actions

Judge

John A. Kronstadt

Date Filed

April 1, 2011

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