Bullboard - Stock Discussion Forum Puda Coal Inc PUDA

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

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Puda Coal Inc > Summary of the results of months of legal arguments

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Post by coldheat on Oct 02, 2013 3:10pm

Summary of the results of months of legal arguments

Full docket text for document 23:
OPINION & ORDER re: (258 in 1:11-cv-02598-KBF) MOTION to Amend/Correct (47) Amended Complaint filed by Thomas Rosenberger, Howard Pritchard, Salomon Querub, Hotel Ventures, Steven Weissmann, (199 in 1:11-cv-02598-KBF) MOTION for Partial Summary Judgment re: (198) First Motion for Partial Summary Judgment filed by Moore Stephens, P.C., (216 in 1:11-cv-02598-KBF) MOTION to Certify Class [Notice of Plaintiffs' Motion for Class Certification and Appointment of Class Representatives and Class Counsel]. MOTION to Certify Class [Notice of Plaintiffs' Motion for Class Certification and Appointment of Class Representatives and Class Counsel] filed by Thomas Rosenberger, Howard Pritchard, Salomon Querub, Hotel Ventures, Steven Weissmann, (194 in 1:11-cv-02598-KBF) MOTION for Summary Judgment filed by C. Mark Tang, Lawrence Wizel, (198 in 1:11-cv-02598-KBF) FIRST MOTION for Partial Summary Judgment filed by Moore Stephens, P.C., (188 in 1:11-cv-02598-KBF) MOTION for Summary Judgment filed by Macquarie Capital (USA) Inc., (176 in 1:11-cv-02598-KBF) MOTION to Intervene By Plaintiffs and Trellus Management Company LLC filed by Thomas Rosenberger, Howard Pritchard, Salomon Querub, Hotel Ventures, Steven Weissmann, (196 in 1:11-cv-02598-KBF) FIRST MOTION for Summary Judgment filed by Moore Stephens Hong Kong. For the reasons set forth above, the Underwriter defendants' motion for summary judgment is GRANTED; the Outside Director defendants' motion for summary judgment is GRANTED; the Auditor defendants' motions for summary judgment are GRANTED; Trellus's motion to intervene is DENIED; plaintiffs' motion for class certification and appointment of class representatives and class counsel is GRANTED as modified; and plaintiffs' motion for leave to amend is DENIED. The Clerk of the Court is directed to terminate the motions at ECF Nos. 176, 188, 194, 196, 198, 199, 216, and 258. (Signed by Judge Katherine B. Forrest on 10/1/2013) (mro)

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