Archive for December 2nd, 2015

ChinaCast Education Corporation – Fraud of Officer Imputed to Corporation (2015-12-2)

Here is a recent decision that is not a surprise under a traditional agent-principal analysis.  Even so, it has to sting, because the corporation loses twice – first, when it was defrauded by the former president, and second when the corporation was sued by shareholders for the diminished value of their securities. The fact pattern […]