China MediaExpress Holdings, Inc. (fka CCME)

[bullmarkets]

SD: Could you please direct me to the part of the Starr lawsuit which mentions insider selling with specificity to dates, times, purchasers on other side of trade, or quantity. In the suit it's just an allegation. More likely refers to any purchase of shares by anyone from whcih Cheng and Lam benefitted as owers with insider knowledge of the fraud alleged. Line 9 of the suit is the closest one I saw in a quick review. Even that is rather non-specific and refers more to the initial sale of any shares at all by the company, rather than undeclared sales by Jacky and Zheng.

Theory is plausible. Just saying that it's not really alleged with specificity as I would expect if dumping behind the scenes by Lam and Zheng were alleged at all (as opposed to sale to Starr) of initial shares.

-Andrew


peppered with accusations of massive fraud, insider selling ( which must refer to jacky & cheng selling without filing )