Defendant Name:
Yuhe International, Inc.
Defendant Type:
Public Company
SIC Code:
6799
CUSIP:
98843210
Document Reference:
comp22848
Document Details
Legal Case Name
SEC v. Yuhe International, Inc., and Gao Zhentao
Document Name
Jury Trial Demanded, Complaint for Injunctive Relief
Document Date
18-Oct-2013
Document Format
Civil Proceeding
Case Number
13-cv-01598
Federal District Court
District of Columbia, District of Columbia
Federal District Judge
Royce C. Lamberth
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On October 18, 2013, the SEC filed a complaint against Yuhe International, Inc. According to the SEC: "This case concerns false public statements made by Yuhe, a China-based company under Gao's direction and control whose stock, during the relevant time, traded in the United States on the NASDAQ. Between approximately December 2009 and June 2011, Yuhe misled its public investors by disseminating a series of materially" false statements concerning a purported acquisition for more than $15 million. In truth, the acquisition never occurred, and Gao used his power as CEO to divert more than $12 million that purportedly was used for the acquisition to a private account he controlled."
Other Defendants in Action:
