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Chinese Reverse Merger Co. Hyped 'Worthless' Stock: Suit

By Pete Brush (August 3, 2011, 12:19 PM EDT) -- An investor hit Chinese drugmaker Jiangbo Pharmaceuticals Inc., which went public via reverse merger in 2007, with a proposed class action in Florida on Tuesday claiming its executives crowed about its finances in illegitimate public filings, enticing investors to buy "worthless" shares....

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