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)
Historical Stock Chart
Von Okt 2024 bis Nov 2024 Click Here for more Yuhe (CE) Charts.
Yuhe (CE) (USOTC:YUII)
Historical Stock Chart
Von Nov 2023 bis Nov 2024 Click Here for more Yuhe (CE) Charts.