CASES
Gulf Resources, Inc.
Class Period: Mar 16, 2009 to Apr 26, 2011
Lead Plaintiff Deadline: Jun 29, 2011 + Deadline passed
Summary of Case:
A securities class action has been filed against Gulf Resources, Inc. (GFRE) on behalf of all persons who purchased the common stock of Gulf Resources from March 16, 2009, through April 26, 2011. This case has been filed in the USDC - California (Central).
The Complaint alleges that, (1) the company engaged in undisclosed related party transactions; and (2) Chinese regulatory filings showed that the Company was materially smaller than it claimed to be. The report pointed to certain evidence indicating that Gulf Resources does not hold title to its Chinese operating subsidiaries, shareholders' sole asset.
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.