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2 results for “Shanda Games Limited, et al.”

Case Title Lower Court Docketed Status Tags Question Presented
25-351 Shanda Games Limited, et al. v. David Monk Second Circuit 2025-09-24 Denied class-action fraud-on-the-market investor-reliance market-efficiency presumption-of-reliance securities-fraud In Basic Inc. v. Levinson, 485 U.S. 224 (1988), this Court recognized a rebuttable fraud-on-the-market presumption for establishing reliance in a secu…
24A1244 Shanda Games Limited, et al. v. David Monk Second Circuit 2025-06-17 Presumed Complete efficient-market fraud-on-the-market merger-transaction proxy-statement securities-fraud shareholder-rights Whether the fraud-on-the-market presumption established in Basic Inc. v. Levinson applies to minority shareholders in a freeze-out merger who did not …