On August 20, 2008, the Company announced that its previously issued financial statements for the fiscal periods ended June 30, September 30, and December 30, 2007 and fiscal quarter ended March 31, 2008, should no longer be relied upon and would be restated due to certain accounting errors, internal control issues and related matters. This adverse announcement shocked the market causing the Company’s stock to fall approximately 25%. 

As a result of these adverse disclosures, the Rosen Law Firm is preparing to file a class action lawsuit against China Shenghuo for violation of the of the federal securities laws.

To participate in the proposed class action please click on the link to the rght of this page.