The Rosen Law Firm Announces Investigation of Yuhe International Inc.
18 Juin 2011 - 2:01AM
Business Wire
The Rosen Law Firm, P.A. announces that it is investigating
potential securities claims against Yuhe International Inc.
(NASDAQ: YUII) resulting from allegations that the company may have
issued materially misleading business information to the investing
public.
On June 17, 2011, following a report by an analyst questioning
the truth of statements concerning certain acquisitions by Yuhu,
company management admitted that the company’s previously announced
acquisition of 13 chicken breeding farms from Weifang Dajiang Group
did not really take place. This adverse news caused analysts at
Rodman & Renshaw to place its ratings for Yuhe under review and
remove its prior financial projections on the company. Yuhe’s share
price has dropped precipitously as a result and trading in its
shares has been halted by NASDAQ.
The Rosen Law Firm is preparing a securities class action
lawsuit on behalf of purchasers of Yuhe common stock to recover
their investment losses. If you purchased Yuhe securities, please
visit the website at http://rosenlegal.com to participate in the
class action and to obtain more information. You may also contact
Laurence Rosen or Jon Horne of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at lrosen@rosenlegal.com or
jhorne@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Yuhe (CE) (USOTC:YUII)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024
Yuhe (CE) (USOTC:YUII)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024
Real-Time news about Yuhe International Inc (CE) (OTCMarkets): 0 recent articles
Plus d'articles sur The Rosen Law Firm, P.A.