BigClassActions.com
Advertisement

China Green Agriculture, Inc. CGA Securities Stock Fraud

- by

Company: China Green Agriculture, Inc.
Ticker Symbol: CGA
Class Period: Nov-12-09 to Sep-1-10
Date Filed: Oct-18-10
Lead Plaintiff Deadline: Dec-17-10
Court: District of Nevada
Allegations:
Wilmington, DE: A class action lawsuit has been filed in the United States District Court for the District of Nevada on behalf of all persons or entities who purchased or otherwise acquired the common stock of China Green Agriculture, Inc. ("China Green Agriculture" or the "Company") between November 12, 2009 and September 1, 2010, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Complaint").

The Complaint names China Green Agriculture and certain of the Company's current and former executive officers as defendants. The Complaint alleges that during the Class Period, defendants made materially false and misleading statements, and/or omitted material facts, all which raise significant concerns about the Company's future stability and have caused the stock price to steadily decline. These statements have been questioned by many analysts and financial oversight groups, including the International Financial Research & Analysis Group ("IFRA").

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 Agriculture's comparable 2010 financial statements filed with Chinese authorities materially differed from the financial results set forth in the Company's SEC filings. As a result, China Green Agriculture's false and misleading statements during the Class Period inflated the price of the Company's securities.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

China Green Agriculture, Inc. CGA Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible China Green Agriculture, Inc. securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

Maybe it's your stockbroker

Add Your Comment on This Issue

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Request Legal Help