Item 8.01. Other Events.

On June 12, 2012, a purported class action lawsuit was filed in the U.S. District Court for the Central District of California against ChinaCast Education Corporation (the "Company"), former chairman and chief executive officer Ron Chan Tze Ngon and former chief financial officer Antonio Sena (Nakash v. Chinacast Education Corp., et al., Case No. 2:12-cv-05107).

The complaint alleges that the defendants made false and misleading statements or failed to disclose material adverse facts about the Company's business, operations and prospects during the period from February 14, 2011, to April 2, 2012, in violation of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that the Company made false and misleading statements regarding and/or failed to disclose (i) transfers from the bank accounts of two of its subsidiaries, (ii) transfers of private colleges and other assets, (ii) related party transactions, (iv) loans secured to third parties, and (v) deficiencies in its internal controls. The complaint seeks unspecified damages, interest, attorneys' and experts' fees and other costs.