Successes

Guimetla v. Ambow Education Holding Ltd., No. CV-12-5062-PSG (AJWx)

The Rosen Law Firm was sole Lead Counsel in this class action filed in the U.S. District Court for the Central District of California.  The complaint alleged violations of the Securities Exchange Act of 1934 in connection with the Company’s issuance of materially false and misleading financial statements.  The parties agreed to settle this action for $1.5 million.

In re Himax Technologies, Inc. Securities Litigation, No. C 07-4891-DDP

The Rosen Law Firm served as Co-Lead Counsel in this consolidated class action in the U.S. District Court for the Central District of California, Western Division.  The complaint alleged violations of §§ 11 and 15 of the Securities Act arising out of the Company’s IPO. Plaintiffs agreed to settle this case for $1.2 million cash payment to class members.

Hayes v. Magnachip Semiconductor Corp., No. 12-CV-1160-JST

The Rosen Law Firm was co-Class Counsel in this certified class action in the U.S. District Court for Northern District of California. The complaint alleged violations of §§10b and 20(a) of the Securities Exchange Act arising out of the Company’s issuance of false financial statements. The parties settled this action for $29.7 million in cash.
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