Panel Denies En Banc Rehearing Regarding Attorney Fee Award In Investor Suit

Mealey's (October 27, 2022, 2:08 PM EDT) -- DENVER — A 10th Circuit U.S. Court of Appeals panel denied a petition for rehearing en banc filed by a Chinese investor group that argued that the panel’s partial amendment of its order, in which the panel ruled that the prior ruling does not affect the attorney fee award granted to the owner of a limited liability company at the center of a securities fraud lawsuit, conflicted with 10th Circuit precedent (Jun Li, et al. v. Colorado Regional Center I LLC, et al., No. 21-1232, and Dianwen Cui, et al. v. Colorado Regional Center I LLC, et al., No. 21-1253, 10th Cir.)....