January 06, 2014
Yuhe International Inc., its independent auditor and its underwriters have agreed to pay $2.7 million to settle a securities class action brought by lead plaintiff aAD Partners LP, according to an unopposed motion for preliminary approval of the deal filed Monday in California federal court.
July 11, 2013
A California federal judge Wednesday kept intact a putative class action against underwriters of a $40 million offering of shares in China's Yuhe International Inc., ruling investors adequately pled that the underwriters missed Yuhe's alleged false statements about its chicken farms.
July 08, 2013
Underwriters of a $40 million offering of shares in China's Yuhe International Inc. urged a California federal judge on Monday to toss a putative investor class action, saying they made no material misstatement about the company's chicken-farming operations in a prospectus.