After granting a motion to dismiss, the court sanctioned the plaintiff's lawyers finding that the claims against our client were "reckless and frivolous" and ordered them to pay our client's legal fees.
While that action was pending, we brought a parallel claim by the company against the shareholder in Atlanta and obtained a judgment for $12 million. A Dorsey team from the United States and China, skilled at litigation and knowledgeable about U.S. securities laws, helped our client achieve this positive result.