China Sky One's Leaders Aim To Derail Potential Shareholders' Suit Headed By California Law Firm
This article was originally published in PharmAsia News
Executive Summary
BEIJING - Just weeks after alleging that U.S. media reports constituted "reckless criticism and attacks" for suggesting that China Sky One Medical misreported earnings, the Chinese firm has now confirmed that it filed inaccurate revenue statements with Chinese commercial authorities
You may also be interested in...
Facing Potential Shareholder Suit And SEC Inquiry In U.S., China Sky One Medical Tries To Reassure Investors
BEIJING - While facing a potential shareholders' suit for possible violation of U.S. laws, the leadership of China Sky One Medical Inc. sought to reassure investors by disclosing a rise in earnings for 2010 and inviting investors to visit the firm's headquarters in Harbin, an ice-covered Chinese city that borders Russia's Siberia
Facing Potential Shareholder Suit And SEC Inquiry In U.S., China Sky One Medical Tries To Reassure Investors
BEIJING - While facing a potential shareholders' suit for possible violation of U.S. laws, the leadership of China Sky One Medical Inc. sought to reassure investors by disclosing a rise in earnings for 2010 and inviting investors to visit the firm's headquarters in Harbin, an ice-covered Chinese city that borders Russia's Siberia
China Sky One Blames U.S. Media Reports For Driving Down NASDAQ Share Price
BEIJING - Just months after threatening to sue an American shareholder for posting negative reports about China Sky One Medical on a U.S. Web site, the leadership of NASDAQ-traded Sky One has issued a new public declaration that unfavorable media reports about the firm that have been driving down its share price are unfounded and reckless