Free Subscription to CFO Magazine

Mergers and Acquisitions

You are here: Home : Topics A-Z : Mergers and Acquisitions

Chinese Reverse Mergers Spawned U.S. Class Actions, Report Says

The deals, involving shell companies, were "significantly more likely to involve restatements of financial statements," according to the study.

May 22, 2012

Driven in part by abundant reverse-merger filings by firms in China resulting in listings on U.S. exchanges, the number of securities class-action filings involving accounting allegations rose in 2011 over 2010, according to a new report by Cornerstone Research. Read more...

Follow this topic

More Mergers and Acquisitions Articles

Related White Papers

» More Related White Papers

advertisement

Business Solutions Center

» More Business Solutions Center Links

advertisement