Goldfarb Branham LLP is investigating the Board of Directors of Yongye International, Inc. (NASDAQ: YONG) for potentially violating shareholder protection laws. Concerned Yongye International shareholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at email@example.com about their rights and remedies. “Yongye has been accused of engaging in self-dealing transactions and falsely promoting its main product,” said securities lawyer Hamilton Lindley. “Stanford University denied developing the company’s main product, despite the company’s claims otherwise. Our proposed shareholder derivative action seeks to make Yongye International work in the best interests of its shareholders.” Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Yongye International investors – or anyone with knowledge about this issue – should contact lawyer Hamilton Lindley at firstname.lastname@example.org or 877-583-2855.
Yongye International said Wednesday the $340 million buyout by chairman and CEO Zishen Wum and the Asian private equity arm of Morgan Stanley did not get the required vote of nonaffiliated shareholders at an adjourned special meeting.