Federal Judge Dismisses Investors’ Case Against Chinese For-Profit School Company

(December 8, 2023, 1:59 PM EST) -- NEW YORK — A federal judge in New York dismissed a putative class complaint filed by an investment firm against a for-profit school company in China, finding that the investment company failed to show the school company made any actionable misstatements about how it would be affected by new Chinese regulations cracking down on for-profit schools....

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