CASES
China Green Agriculture, Inc.
Class Period: Nov 12, 2009 to Sep 1, 2010
Lead Plaintiff Deadline: Dec 14, 2010 + Deadline passed
Summary of Case:
A securities class action has been filed against China Green Agriculture, Inc. (CGA) ("China Green" or the "Company") on behalf of all securities purchasers from November 12, 2009 through September 1, 2010, inclusive ("Class Period"), in the United States District Court of Nevada.
The complaint alleges that The complaint alleges that China Green Agriculture, Inc. ("China Green" or the "Company") and certain of its present and former officers and directors made material misstatements and omissions about the Company's true financial condition. During the Class Period, defendants misled investors about the quality and nature of China Green's reported financial statements.
The complaint also alleges that the Company's fiscal 2010 financial statements filed with the SEC are materially false and misleading. In fact, China Green's comparable 2010 financial statements filed with Chinese authorities materially differed from the financial results set forth in the Company's SEC filings. China Green's false and misleading statements during the Class Period inflated the price of the Company's securities. The complaint asserts that when this adverse information was finally disclosed to the market, the price of the Company's securities dropped, damaging shareholders.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.