Robbins Umeda LLP Announces an Investigation of China Green Agriculture, Inc.
Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at China Green Agriculture, Inc. (“China Green” or the “Company”) (NYSE: CGA). China Green, through its subsidiaries, engages in the research, development, manufacture, and distribution of humic acid based compound fertilizers in China. The company was founded in 2000 and is based in Xian, the People’s Republic of China.
Robbins Umeda LLP’s investigation concerns whether China Green’s directors and officers caused the Company to issue materially false and misleading statements regarding the Company’s operations and its business and financial results outlook. Specifically, the investigation concerns whether these fiduciaries misled investors about whether or not China Green paid required taxes and/or received the necessary tax exemptions they discussed in their financial statements for the period of November 12, 2009 through September 1, 2010. In addition, the investigation concerns the reasons why China Green’s financial statements filed with the U.S. Securities and Exchange Commission appear to differ from those filed with the Chinese authorities.
If you are a shareholder of China Green, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at email@example.com.