Search for: "AgFeed Industries, Inc."
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13 Mar 2014, 3:28 pm
The Securities and Exchange Commission today charged an animal feed company and top executives with conducting a massive accounting fraud in which they repeatedly reported fake revenues from their China operations in order to meet financial targets and prop up the stock price.The SEC alleges that four executives in China orchestrated the scheme at AgFeed Industries Inc., which was based in China and publicly traded in the U.S. before merging with a U.S. company in… [read post]
16 Sep 2014, 11:26 am
WSJ reports: AgFeed Industries Inc. inflated its revenue by $239 million by creating fake invoices for the sale of feed and purported sales of hogs that didn’t actually exist, among other methods, the SEC said when it filed suit against the company in March. [read post]
12 Mar 2014, 4:19 am
Yesterday, the SEC charged AgFeed Industries with accounting fraud - this is the company that I blogged about recently involving a director whistleblower... [read post]
28 Nov 2014, 9:56 am
Agfeed Industries, Inc., Junhong Xiong, Selina Jin, Songyan Li, Shaobo Ouyang, Edward J. [read post]
18 Oct 2015, 4:57 pm
” The law firm memo details several other recent SEC enforcement actions against corporate directors, including the March 2014 action the agency brought against Ivan Gothner, the audit committee chair for AgFeed Industries, Inc., who allegedly failed to appropriately investigate and disclose accounting fraud by executives at AgFeed’s China offices. [read post]
