China Concludes First-Ever Securities Class Action With a Slap-on-the-Wrist Order

Nov 22, 2021
| By Jessica Seah
In China's first-ever securities class action, Kangmei Pharmaceuticals has been ordered to pay $385 million as compensation—just enough for 50,000 investors to recoup their losses.

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Map of China and a hand Credit: vegefox.com/Adobe Stock

(This article was first published on Law.com International.)

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