Knox v. Yingli Green Energy Holding Co.

ORDER GRANTING IN PART AND DENYING IN PART DEFENDANT’S MOTION TO DISMISS [93]

OTIS D. WRIGHT, II, UNITED ■ STATES DISTRICT JUDGE

I. INTRODUCTION

This is a putative class action for securities fraud under sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Plaintiffs Noe Barocio, Salvador Barocio, and Cindy Conybear allege that Defendant Yingli Green Energy Holding Company *956Limited (“Yingli”), a company that sells solar energy products, defrauded its investors by making false and misleading public statements about (1) the company’s involvement in a government subsidy program, and (2)…