Court Permits Claims to Advance in China MediaExpress Securities Litigation
February 01, 2013
In a ruling in In re China MediaExpress Holdings, Inc. Shareholder Litigation, issued on February 28, 2013, U.S. District Court Judge for the Southern District of New York, Victor Marrero, ruled that Lead Plaintiffs’ allegations were sufficient to overcome China MediaExpress Holdings, Inc. and Deloitte Touche Tohmatsu Hong Kong's motions to dismiss the amended class action complaint.
Cohen Milstein Sellers & Toll PLLC serves as Interim Co-Counsel and Attorneys for the CME Investor Group in the matter.