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China TechFaith Wireless Communication Technology
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Order | Filed: July 08, 2021 | Entered: July 08, 2021 Thomas v. China Techfaith Wireless Communication Technology Limited et al
Securities/Commodities | New York Eastern
Judgment - Clerk
CLERK'S JUDGMENT, that both motions to dismiss are granted. (Signed by Jalitza Poveda, Deputy Clerk on 7/8/2021) (Galeano, Sonia)
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Order | Filed: July 07, 2021 Thomas v. China Techfaith Wireless Communication Technology Limited et al
Securities/Commodities | New York Eastern
Order
MEMORANDUM and ORDER: Plaintiffs have failed to allege that Techfaiths financial statements were false or misleading in any material respect. It follows, therefore, that they cannot establish either control-person liability or auditor liability. Therefore, both motions 48 & 49 to dismiss are granted. Ordered by Judge Frederic Block on 7/7/2021. (Innelli, Michael) (Main Document 50 replaced on 7/7/2021) (Innelli, Michael). Modified on 7/7/2021 TO ADD A CORRECT DOCUMENT.(Innelli, Michael).
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Motion | Filed: June 30, 2020 | Entered: June 30, 2020 Thomas v. China Techfaith Wireless Communication Technology Limited et al
Securities/Commodities | New York Eastern
Dismiss for Failure to State a Claim
First MOTION to Dismiss for Failure to State a Claim by China Techfaith Wireless Communication Technology Limited, Defu Dong, Deyou Dong, Yuping Ouyang. (Attachments: # 1 Memorandum in Support of Techfaith's Motion to Dismiss, # 2 Declaration in Support of Techfaith's Motion to Dismiss, # 3 Exhibit A through X to Declaration in Support of Motion to Dismiss, # 4 Memorandum in Support Reply on Motion to Dismiss, # 5 Declaration in Support of Techfaith's Reply, # 6 Exhibit Y through II to Declaration in Support of MTD Reply, # 7 Request for Oral Argument, # 8 Proposed Order, # 9 Cover Letter listing filed items) (Ni, Angus)
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