Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Leaderboard Analytics
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Michel Desta v. Wins Finance Holdings Inc. et al
Case Number:
2:17-cv-02983
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
-
January 28, 2026
Judge Vacates $1.3M Deal After 7 Years Pass With No Payment
A California federal judge has vacated an order from seven years ago preliminarily approving a $1.3 million settlement of claims brought by Wins Finance Holdings Inc. shareholders, saying Wins' failure to secure approval from the Chinese government to release the funds makes it unlikely the investors will get paid under the deal.
-
January 28, 2019
Investors Seek $1.26M Stock-Drop Deal In Fake NY HQ Case
A class of potentially hundreds of shareholders suing Chinese company Wins Finance Holdings Inc. for allegedly inflating its stock price by lying about being headquartered in Times Square in New York asked a California federal judge Monday to preliminarily approve a $1.26 million settlement.
-
September 19, 2018
Investors Say Co. Faked HQ, Seek Cert. In Stock-Drop Suit
Investors who accuse Wins Finance Holdings Inc. of lying its way onto a major stock index have asked a California federal court to certify them as a class, saying the investment firm's misrepresentations over having a New York headquarters cost them dearly.