NQ Mobile Inc ADR ( NQ) revealed last week that the independent investigation of its accounting practices found no evidence of fraud. However, it doesn’t look like the debate about the Chinese company’s accounting practices will be ending soon. The only question now is whether the case about NQ Mobile will follow the same track as one of Muddy Waters’ past targets—Sino-Forest Corporation ( TRE) OTCMKTS:SNOFF.
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