Litigators from Skadden, Arps, Slate, Meagher & Flom scored two separate wins for two Asia-based issuers in two days, knocking out securities class actions in the Central District of California and the Southern District of New York.
On Wednesday, a Skadden team persuaded Los Angeles federal judge Christina Snyder to toss a second amended complaint against ChinaCache International Holdings Ltd., which provides internet content and content delivery services in the People’s Republic of China.
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