Skadden represented TAL Education Group. in securing the dismissal with prejudice of securities claims alleging that the company engaged in two purportedly fraudulent schemes to artificially boost profits and hide losses. On September 25, Judge Loretta Preska of the United States District Court for the Southern District of New York rejected both theories and granted TAL’s motion to dismiss the case in its entirety.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates