February 28, 2018
Link Motion Inc., a Chinese firm focused on "smart car" technology, triumphed over a securities fraud suit in Manhattan federal court on Tuesday, with a judge saying investors who sued cited only one supposed misstatement that was "obviously nonactionable puffery."
August 17, 2015
A putative shareholder class slapped Chinese mobile company NQ Mobile Inc. with allegations of mismanagement and investor fraud in New York federal court Friday, saying management has tanked the company and its stock.