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Bullboard - Stock Discussion Forum Puda Coal Inc PUDA

Coal Steel Coal Steel
Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal... see more

Bullboard (GREY:PUDA)

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Post by coldheaton Feb 20, 2015 11:25pm

SEC objects to Quinn Emanuel withrawl

Full docket text for document 67: RESPONSE in Opposition to Motion re: [63] MOTION for Michael B. Carlinsky to Withdraw as Attorney . . Document filed by Securities and Exchange Commission. (Pollock ...more  
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Post by coldheaton Feb 20, 2015 11:54am

Plaintiffs request default order as a result of all this..

"Mr. Zhao states that he “will not participate in or otherwise continue the defense of” this action. Dkt. No. 486. This statement strongly indicates that he will not appear for a deposition ...more  
72
Post by coldheaton Feb 20, 2015 11:45am

Zhao Ming never attended the Mediation

"Second, Mr. Zhao’s recent actions have violated the Court’s Order Following Default Judgment Hearing (Dkt. No. 464) (the “Order”), which set forth the requirements for conditional denial of ...more  
67
Post by coldheaton Feb 20, 2015 11:43am

Plaintiffs submit "NONOPPOSITION" to Quinn's withdrawl

RESPONSE to Motion re: [483] MOTION for Michael B. Carlinsky to Withdraw as Attorney . PLAINTIFFS' NONOPPOSITION TO QUINN EMANUEL's MOTION TO WITHDRAW AS COUNSEL FOR DEFENDANT MING ZHAO ...more  
69
Post by coldheaton Feb 18, 2015 11:48am

What's next?

My take is that the Class action will continue to pursue the underwriters. I think the SEC will do what the SEC does in these cases, and likely have a administrative law judge start the revocation ...more  
75
Post by coldheaton Feb 18, 2015 11:39am

Well!......That's it Folks! Zhao has gone home!

Full docket text for document 66: DECLARATION of Ming Zhao in Support re: [63] MOTION for Michael B. Carlinsky to Withdraw as Attorney .. Document filed by Ming Zhao. (Carlinsky, Michael) "I DO ...more  
86
Post by coldheaton Feb 04, 2015 11:47pm

There are no updates to post yet

There has not been any movement or filings with the court since 1/13/15. Looks to me like everyone is waiting for the mediation hearing, coming up next week, assuming everything is still on schedule.
70
Post by coldheaton Jan 13, 2015 8:49pm

Judge approves new class certification

Full docket text for document 481: ORDER REGARDING CLASS CERTIFICATION granting [425] Motion to Certify Class. Based upon the stipulation of the parties and good cause appearing therefor, pursuant to ...more  
118
Post by coldheaton Jan 10, 2015 12:20pm

Another lawyer checking in for Zhao

"Full docket text for document 480: MOTION for Lauren Dickie to Appear Pro Hac Vice . Filing fee $ 200.00, receipt number 0208-10477855. Motion and supporting papers to be reviewed by Clerk's ...more  
97
Post by coldheaton Dec 31, 2014 5:09pm

Lead Counsel Change for Zhao

As of 12/31/14 the new counsel is Minyao Wang of Quinn Emanuel. No reason given for the change.
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Post by coldheaton Dec 16, 2014 9:17pm

Just a short report on recent court filings...

The court has admitted Juan P. Morillo Firm Name: Quinn Emanuel Urquhart & Sullivan, LLP to represent Ming Zhao in future proceedings.. In addition to this the lead plaintiffs have asked for a ...more  
114
Post by coldheaton Dec 02, 2014 9:45am

Zhao responds to SEC Complaint

Zhao has responded to the SEC complaint. He has denied all charges, 106 times, and has offered 24 defenses, and a request for a jury trial. There are 34 pages in this submission to the SEC, so I won ...more  
109
Post by coldheaton Nov 21, 2014 1:45pm

And then there is this: A Conditional Denial

Full docket text for document 464: ORDER FOLLOWING DEFAULT JUDGMENT HEARING: IT IS HEREBY ORDERED THAT: Class Plaintiffs' motion for default judgment is denied insofar as defendant Ming Zhao ...more  
145
Post by coldheaton Nov 21, 2014 1:42pm

New court shedule to go with the new judge......

Full docket text for document 463: SCHEDULING ORDER....Fact Discovery due by 4/15/2015. Expert Discovery due by 6/17/2015. Motion on class certification to be fully submitted by 12/17/2014. Any motion ...more  
89
Post by coldheaton Nov 21, 2014 1:41pm

Henry Pittman assigned Puda default case

This is the second time he has had this case on his desk.....Maybe the third time, but I forget.......lol
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