AgFeed Industries, Inc.

The Rosen Law Firm has filed a securities fraud class action against AgFeed Industries.

The Complaint alleges that the defendants misrepresented AgFeed's true financial and business condition.

Recently, AgFeed's board formed a special committee to investigate: (a) the accounting relating to certain of the Company’s Chinese farm assets acquired during 2007 and 2008 used in its hog production business; and (b) the validity and collectability of the Company’s accounts receivables relating to its animal nutrition business in China. 

The class action lawsuit is on behalf of AgFeed investors to recover their investment losses.

To join the class action, click on the link below