January 26, 2016
An investor suing mobile game maker iDreamSky Technology over its $115.5 million initial public offering can't take his case back to state court, a New York federal judge ruled Monday, finding the investor's argument for remand inconsistent with the purpose behind a federal securities litigation reform law.
July 07, 2015
Mobile game maker iDreamSky Technology Ltd. told a New York federal judge on Monday that a putative shareholder class action accusing the company of providing misleading information in the run-up to its $115.5 million initial public offering last year belongs in federal court despite the shareholder's objection.
June 11, 2015
An investor accusing mobile game maker iDreamSky Technology Ltd. of issuing a misleading registration statement to sell $115.5 million shares in its initial public offering asked a New York federal judge on Thursday to remand the proposed class action to state court, saying removal clearly contradicts federal law.