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<\/a>\nThe recovery, with GPWR acting as sole lead counsel, was the largest securities class action settlement of 2026 and ranks among the 50 largest U.S. securities class action settlements of all time, as tracked by Institutional Shareholder Services.<\/p>
\nStatements from the Team<\/b><\/p>
\n\u201cIn big securities cases, there is a lot of risk in going to trial. After all the litigation as we worked our way through their defenses, we were in position to promote a strong settlement,\u201d<\/i> said Kara M. Wolke, co-chair of GPWR\u2019s securities litigation practice group and the firm\u2019s general counsel. \u201cWe knew they had misrepresented their business practices and that the Chinese government had told them to stop. In the simplest terms, we alleged they said they would stop, but did not.\u201d<\/p>
\nAbout the CLAY Award<\/b><\/p>
\nThe California Lawyer of the Year Award is presented annually by the Daily Journal<\/i>, the state\u2019s premier legal publication, to recognize the most outstanding legal work performed in California across multiple practice areas. The award honors attorneys whose achievements have significantly shaped the law or delivered exceptional results for their clients.<\/p>
\nAbout Glancy Prongay Wolke & Rotter LLP<\/b><\/p>
\nGlancy Prongay Wolke & Rotter LLP is a national plaintiff\u2019s litigation firm headquartered in Los Angeles, California. The firm is a recognized leader in securities fraud and investor rights litigation, with a long track record of achieving significant recoveries for defrauded investors. GPWR has served as plaintiffs\u2019 counsel in some of the largest securities class action settlements in history.<\/p>