July 20, 2016
A California federal judge indicated Wednesday she would give final approval to China Integrated Energy Inc.'s $2.1 million deal resolving a "hard-fought" shareholder class action claiming the company misstated revenue, but expressed concerns about costs sought by the investor plaintiffs for experts whose testimony she excluded.
March 10, 2016
Shareholders of China Integrated Energy Inc. pursuing a lengthy class action battle over claims the company misstated revenue on Thursday said they have reached a $2.1 million deal with the oil and biodiesel company and certain members of its leadership to end the litigation.
February 17, 2015
Shareholders of China Integrated Energy Inc. scored a victory Tuesday when a California federal judge certified their class in a lengthy battle over claims the company misstated revenue, ruling that they had successfully shown reliance on the alleged inaccuracies in their stock purchases.
August 04, 2014
A California federal judge on Monday refused to certify a class of China Integrated Energy Inc. shareholders who allege the company misstated its 2009 revenue in a regulatory filing, ruling that the plaintiffs failed to prove that the putative class relied on the company's alleged misrepresentations because they cited a flawed expert declaration.