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Securities

Jun. 10, 2011

Chinese Companies Are Taking Over US Securities Litigation

A startling number of Chinese companies have been sued for securities fraud in California courts. By Matthew Close of O'Melveny & Myers LLP


China is the world's largest exporter of goods, but Chinese companies recently started to export something distinctly American. In the past few months, Chinese companies have established themselves as the most powerful force in securities litigation and regulatory practices across California. And the trend is likely to continue with lasting ramifications for California lawyers and the globalization of capital markets.


Hundreds of Chinese companies listed secu...

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