In re Montage Technology Group Ltd. Securities Litigation

*1218 ORDER DENYING MOTION TO DISMISS

Re: Dkt. No.

Defendants Montage Technology Group Limited (“Montage”), Howard C. Yang, Stephen Tai, and Mark Voll move to dismiss the consolidated amended complaint (“CAC”) filed by plaintiffs Martin Graham, et al. The motion, which seeks dismissal for failure to state a claim upon which relief can be granted and on grounds of forum non conveniens, is scheduled for hearing on January 30, 2015. Pursuant to Civil Local Rule 7 — 1(b), the Court determines that this matter is appropriate for *1219 resolution without oral argument and VACATES the hearing. For the reasons set forth below, the Court DENIES defendants’ motion to dismiss.

BACKGROUND

Defendant Montage is a Cayman Islands corporation, headquartered and primarily conducting business in China. CAC ¶ 3. Through its subsidiaries, Montage also conducts business in Hong Kong, Taiwan, and the United States. CAC ¶ 15. During all relevant times, its shares traded in the United States on NASDAQ. 1 CAC ¶ 3. Individual defendants Howard C. Yang, Stephen Tai, and Mark Voll are, respectively, the Chief Executive Officer (“CEO”), President, and Chief Financial Officer (“CFO”) of Montage. CAC ¶¶…