Bronstein, Gewirtz & Grossman, LLC Investigating Possible Securities Law Violations at Duoyuan Printing, Inc.
14 Septiembre 2010 - 3:42PM
Business Wire
Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of the securities of
Duoyuan Printing, Inc. (“Duoyuan” or the “Company”) (NYSE:DYP)
including purchasers of the Company’s securities pursuant to its
November 6, 2009, initial public offering (the “IPO”), concerning
possible violations of federal securities laws. Duoyuan, through
its subsidiaries, engages in the design, development and
manufacture of offset printing equipment and solutions in the
People’s Republic of China.
The investigation is related to Duoyuan’s September 13, 2010,
announcement that the Company was dismissing Deloitte Touche
Tohmatsu CPA Ltd. (“Deloitte”) as its independent registered public
accounting firm. The statement also announced the replacement of
Duoyuan Printing’s chief executive officer and its chief financial
officer, who resigned immediately subsequent to the Company’s
termination of Deloitte, and the resignations of certain members of
the Company’s board of directors. According to the Company’s
statement, the decision to change auditing firms was based on the
Company’s “desire to resolve open issues and file our 10-K on a
timely basis.”
If you are aware of any facts relating to this investigation, or
purchased shares of Duoyuan, you can assist this investigation by
contacting either Peretz Bronstein or Eitan Kimelman of Bronstein,
Gewirtz & Grossman, LLC at 212-697-6484 or via email
eitan@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm’s expertise includes general
corporate work, private securities offerings, and securities
arbitration.
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