House & Home
Tue, July 19, 2011Mon, July 18, 2011Fri, July 15, 2011Thu, July 14, 2011Wed, July 13, 2011Tue, July 12, 2011Mon, July 11, 2011Sat, July 9, 2011Fri, July 8, 2011Thu, July 7, 2011Wed, July 6, 2011Tue, July 5, 2011Mon, July 4, 2011Sat, July 2, 2011Fri, July 1, 2011Thu, June 30, 2011Wed, June 29, 2011Tue, June 28, 2011Mon, June 27, 2011Sun, June 26, 2011Fri, June 24, 2011Thu, June 23, 2011Wed, June 22, 2011Tue, June 21, 2011Mon, June 20, 2011Sun, June 19, 2011Sat, June 18, 2011Fri, June 17, 2011Thu, June 16, 2011Wed, June 15, 2011Tue, June 14, 2011Mon, June 13, 2011Sat, June 11, 2011Fri, June 10, 2011Thu, June 9, 2011Wed, June 8, 2011Tue, June 7, 2011Mon, June 6, 2011Sun, June 5, 2011Fri, June 3, 2011Thu, June 2, 2011Wed, June 1, 2011Tue, May 31, 2011Law Offices of Howard G. Smith Announces Investigation of Yuhe International Inc.
//house-home.news-articles.net/content/2011/06/2 .. ces-investigation-of-yuhe-international-inc.html
Published in House and Home on Thursday, June 23rd 2011 at 16:40 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against Yuhe International Inc. (aYuhea or the aCompanya) (NASDAQ:YUII) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by the Company, regarding Yuhea™s business, operations and financial condition were false and misleading.
"managementa™s misrepresentation and failure to disclose material facts surrounding certain acquisition transactions and off-balance sheet related party transactions"
Yuhe engages in the supply of day-old chickens raised for meat production or broilers in the People's Republic of China. Specifically, the investigation relates to comments made by the Companya™s management admitting that the acquisition of 13 chicken breeding farms from Weifang Dajiang Group did not actually occur as the Company had previously claimed. Moreover, the investigation relates to the recent announcement by Yuhea™s independent auditor, Child, Van Wagoner & Bradshaw, PLLC (aCVWBa), that it had terminated its audit relationship with the Company on June 17, 2011, due to amanagementa™s misrepresentation and failure to disclose material facts surrounding certain acquisition transactions and off-balance sheet related party transactionsa and that CVWBa™s audit report for the year ended December 31, 2010 ashould no longer be relied upon and must no longer be associated with the financial statements.a Trading in the Companya™s stock has been halted since June 17, 2011.
If you purchased Yuhe securities, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].
