Chinese Investment Giant Dodges N.Y. Securities Class Action

A federal judge in Manhattan dismissed a class action lawsuit alleging that a unit of Chinese state-owned CITIC Group facilitated securities fraud on the part of Puda Coal.

Sign up for a free trial now!'s Elite 15-day trial gives you:

  • All access pass to legal news across ALM's Network
  • News by Practice Area, available exclusively on
  • The free InPractice digital newsletter
  • Personalized legal news on the mobile App

During and after your trial, you'll receive the benefits of an ALM digital membership, including a subscription to the Newswire digital newsletter.