NEW YORK ( TheStreet) -- The plot just thickened when it comes to the prospects for China North East Petroleum (NEP - Get Report), whose shares were delisted from the American Stock Exchange in May after revelations that the company had misstated financial and oil-reserve data going back two years, and that its CEO may have embezzled company funds.In a filing with the Securities and Exchange Commission Thursday, the company announced that one of its directors, Robert Bruce, resigned on Aug. 8.
More Turmoil for China North East
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