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Browse: Home / 2011 / June / 16 / Plaintiffs hit first roadblock in China fraud case

Plaintiffs hit first roadblock in China fraud case

By Securities Docket on June 16, 2011, 11:06 am

Investors suing China-based Duoyuan Printing Inc for securities violations have already hit their first roadblock: locating some of the defendants. The shareholder plaintiffs have not been able to serve legal papers on five of the company’s current and former directors and officers named in the lawsuit, plaintiffs’ lawyer Phillip Kim of the Rosen Law Firm said at a hearing in federal district court in New York on Wednesday. The company itself has been served.

Read more: Plaintiffs hit first roadblock in China fraud case — News & Insight

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Posted in Class Actions, Global, Top | Tagged China, Honest Services

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