CNG Hit With Class Action Over SEC Nondisclosure

By Derek Hawkins (September 3, 2010, 5:24 PM EDT) -- A putative class of China Natural Gas Inc. stockholders has accused the company and its executives of fraudulently omitting a $17.7 million bank loan from U.S. Securities and Exchange Commission filings, alleging the action caused the company's stock to trade at artificially inflated levels for five months in 2010....

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