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Qiao Xing Universal Telephone Case 8/9/2007

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Lawsuit Overview

<p align= justify >According to a press release dated August 9, 2007, the complaint alleges violations of the federal securities laws by Xing and certain of its executives. Specifically, as alleged in the Complaint, on July 17, 2007, before the opening of trading, Xing disclosed, among other things, that in connection with the audit of the financial statements of a Company subsi...

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