Judge OKs $1.6M Settlement In Chinese E-Retailer IPO Row
By Linda Chiem ( November 26, 2014, 2:02 PM EST) -- A New York federal judge on Wednesday preliminarily approved a $1.55 million settlement in a consolidated securities class action alleging Chinese e-retailer LightInThebox Holding Co. Ltd. had misled investors about the company's sales growth prospects ahead of its $79 million initial public offering last year....
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