Legal Opinion
Vaughn Leroy Meyer v. JinkoSolar Holding Co.
Court of Appeals for the Second Circuit
Decided July 31, 2014No. Docket 13-616-cvPublishedCited by 147 opinions
1Opinion of the Court
WINTER, Circuit Judge:
Various purchasers of securities issued by JinkoSolar Holdings Co., Ltd. in two public offerings appeal from Judge Oetken’s dismissal of their complaint alleging violations of the federal securities laws. We hold that appellees’ failure to disclose ongoing, serious pollution problems rendered misleading statements in a prospectus describing prophylactic measures taken to comply with Chinese environmental regulations. We therefore vacate and remand.
BACKGROUND
In reviewing a dismissal under Rule 12(b)(6), we view the facts alleged in the complaint as true. N.J. Carpenters…
2Cases cited11 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
- In Re Time Warner Inc. Securities LitigationCourt of Appeals for the Second Circuit · 1993
- Rombach v. ChangCourt of Appeals for the Second Circuit · 2004
- Lentell v. Merrill Lynch & Co.Court of Appeals for the Second Circuit · 2005
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3Cited by147 opinions
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- Singh v. Cigna Corp.Court of Appeals for the Second Circuit · 2019
- Phillip J. Singer v. Kenneth RealiCourt of Appeals for the Fourth Circuit · 2018
- Noto v. 22nd Century Grp.Court of Appeals for the Second Circuit · 2022
- Doubleline Capital LP v. Odebrecht Fin., Ltd.District Court, S.D. Illinois · 2018
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