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"In re: IDreamSky Technology Limited Securities Litigation"
Case Number:
1:15-cv-02514
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 13, 2017
Game Maker To Pay $4M To End Investor Claims Over IPO
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.
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February 22, 2017
Mobile Game Maker Can't Ditch Investor Suit Over $115M IPO
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."