Meyer v. JinkoSolar Holding Co., No. 13-616 (2d Cir. 2014)Annotate this Case
Plaintiffs, purchasers of securities issued by JinkoSolar in two public offerings, appealed from the district court's dismissal of their complaint alleging violations of the federal securities laws. JinkoSolar manufactures various solar cells and solar panel products. The court vacated and remanded, concluding that serious pollution problems rendered misleading statements in a prospectus describing prophylactic measures taken to comply with Chinese environmental regulations.