Securities Class Action Lawsuit Against SINA Was Dismissed

The United States District Court for the Southern District of New York has dismissed, without leave to amend, a consolidated securities class action lawsuit filed against SINA Corporation, a leading online media company and mobile value-added service provider for China and for the global Chinese communities and certain of its directors and officers.

Multiple purported securities class action complaints were filed against the Company and certain officers and directors of the Company in the United States District Court for the Southern District of New York, following the Company’s announcement of anticipated financial results for the first quarter of 2005 ending on March 31, 2005.

Link [biz.yahoo.com/prnews/061009/lnm001.html?.v=23]

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