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Fasano et al v. Li et al
Case Number:
1:16-cv-08759
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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October 27, 2025
Chinese E-Commerce Giant Can't Block Class Arbitration
Chinese e-commerce giant Dangdang must face class arbitration of claims that it grossly shortchanged minority shareholders when it went private in 2016, after a judge in New York ruled that the tribunal did not exceed its power despite the underlying arbitration clause not mentioning class arbitration.
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November 21, 2024
Chinese Co. Says It Didn't Agree To Class Arb. In $100M Claim
An e-commerce company known as the Amazon of China is urging a New York federal court to nix an arbitral award allowing class arbitration of claims that the company grossly shortchanged minority shareholders when it went private in 2016, saying it never agreed to such a proceeding.
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August 31, 2020
Judge Says E-Commerce Co. Merger Suit Belongs In Caymans
A federal judge in New York tossed out a proposed shareholder class action accusing E-Commerce China Dangdang Inc. of lying in the lead-up to a take-private merger, finding the case should be litigated in the Cayman Islands.
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August 23, 2019
Chinese E-Commerce Co. Tries To Sink Merger Suit, Again
Chinese e-commerce company Dangdang Inc. has urged a New York federal judge to dismiss a lawsuit over its 2016 take-private merger for the second time, saying the suit's revival on appeal did not fix its jurisdictional deficiencies.