December 13, 2017
Mobile-game maker IDreamSky Technology Ltd. has agreed to pay $4.15 million to settle a class action over its $116 million initial public offering, the suing investors told a New York federal court on Tuesday.
February 22, 2017
A New York federal judge on Wednesday largely kept intact a consolidated class action claiming game maker iDreamSky Technology Ltd. misled investors ahead of its $115.5 million initial public offering, saying generalized disclosures don't shield the developer from its obligation to report issues with its popular mobile game "Cookie Run."