Company: | China Shenghuo Pharmaceutical Holdings, Inc. |
Ticker Symbol: | KUN |
Class Period: | Jul-23-07 to Aug-20-08 |
Date Filed: | Aug-23-08 |
Lead Plaintiff Deadline: | Oct-22-08 |
Court: | Southern District of New York |
Allegations: |
No class has yet been certified in the above action.
The complaint charges that CSP and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing materially false and misleading statements pertaining to CSP's business prospects and condition, and filing materially false financial statements with the SEC. On August 20, 2008, the Company announced that its previously issued financial statements for the fiscal periods ended June 30, September 30, and December 30, 2007 and fiscal quarter ended March 31, 2008, should no longer be relied upon and would be restated due to certain accounting errors, internal control issues and related matters. News that the Company's financial statements must be restated caused the Company's stock price to fall dramatically damaging investors.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.