Duoyuan Global Water, Inc.

Robbins Umeda LLP Announces an Investigation of Duoyuan Global Water Inc. for Shareholders

Robbins Umeda LLP, a shareholder rights litigation firm, is interested in helping shareholders of Duoyuan Global Water Inc. (NYSE: DGW).  The firm has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Duoyuan between June 24, 2009 and April 4, 2011.  Duoyuan, through its subsidiaries, manufactures and distributes water environment protection equipment and water treatment products in the People’s Republic of China.  The company was founded in 1992, is headquartered in Beijing, China and is incorporated in Delaware.

Robbins Umeda’s investigation focuses on whether the directors and officers of Duoyuan harmed the company by engaging in self-dealing and issuing false and misleading statements about the company’s financial results.  On April 4, 2011, analyst firm Muddy Waters issued a report suggesting that Duoyuan had overstated its revenues, fabricated its audit reports, and engaged in improper, undisclosed related-party transactions that transferred money to its chairman.  To support its claims, Muddy Waters purportedly conducted extensive surveillance, but observed minimal production and virtually no shipments in and out of the factory.  Further, Duoyuan’s Chief Financial Officer, Stephen C. Park, announced his resignation.

If you own stock in Duoyuan and would like more information about your shareholder rights, please complete the form below and we will contact you directly. We also welcome you to call us at 800-350-6003.

 

Shareholder Information

Items marked with an asterisk (*) are required information.
First Name * Last Name *
Address City State/Province *
ZIP/Postal Code Country/Region Phone *
E-mail * Confirm: E-mail *
Shares Purchased:
Number of Shares: Buy Date : Price Per Share:
example: 125 example: MM/DD/YYYY example: 30.00
transaction:
transaction:
transaction:
transaction:
transaction:
If you have additional transactions or comments, please input the information below:
Shares Sold:
Number of Shares: Buy Date : Price Per Share:
example: 125 example: MM/DD/YYYY example: 30.00
transaction:
transaction:
transaction:
transaction:
transaction:
If you have additional transactions or comments, please input the information below:
Please Note: Neither the submission to nor the receipt of information by Robbins Umeda LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

 
* I have read the disclaimer information

 

    Send This Post

    Tags: