January 26, 2015
A New York federal judge dismissed an Ernst & Young unit from a suit over SinoTech Energy Ltd.'s initial public offering, saying the plaintiffs didn't meet the high bar to show the auditor could have been reckless.
May 16, 2013
A New York federal judge on Thursday granted preliminary approval of a $20 million settlement in a class action alleging that SinoTech Energy Ltd. misled shareholders ahead of its $180 million initial public offering in 2010 and that its underwriters looked the other way.