NEW YORK ( TheStreet) -- When Tao Li, the chairman and founder of tiny Kingtone Wirelessinfo (KONE), rings the opening bell for the Nasdaq Stock Market on Monday, it could amount to an awkward moment for the equities exchange.That's because Li, who hails from the city of Xi'an in central China, is also the chairman and founder of China Green Agriculture (CGA - Get Report), a controversial reverse-merger company, and one of the first to draw the suspicions -- more than a year ago -- of short sellers and private investigators, who say they've unearthed evidence that the company may have committed fraud.
Why Is Kingtone Ringing Nasdaq's Bell?
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