SinoTech Agrees to $20 Million Settlement of Shareholder Suit - Bloomberg

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE5_n3EkERSpIJIpRYZLY spgjlH8gamp;url=http://newsandinsight.thomsonreuters.com/Securities/News/2013/03_-_March/SinoTech,_banks_to_pay_$20_mln_to_end_shareholder_ fraud_lawsuit/img src=//nt3.ggpht.com/news/tbn/q0eY7IUNn0UpYM/0.jpg alt= border=1 width=80 height=54 /br /font size=-2Thomson Reuters News Insight/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFXqR5ll0ixrVF64y3E5e lT1UkZ5wamp;url=http://www.bloomberg.com/news/2013-03-26/sinotech-agrees-to-20-million-settlement-of-shareholder-suit.htmlbSinoTech Agrees to $20 Million Settlement of Shareholder Suit/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1b.../b year sued SinoTech; Qingzeng Liu, the company#39;s chairman and controlling shareholder; Chief Executive Officer Guoqiang Xin; and Boxun Zhang, a former chief financial officer, claiming they committed securities bfraud/b. SinoTech lied about how much of b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE5_n3EkERSpIJIpRYZLY spgjlH8gamp;url=http://newsandinsight.thomsonreuters.com/Securities/News/2013/03_-_March/SinoTech,_banks_to_pay_$20_mln_to_end_shareholder_ fraud_lawsuit/SinoTech, banks to pay $20 mln to end shareholder bfraud/b lawsuit/afont size=-1 color=#6f6f6fnobrThomson Reuters News Insight/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dU27RHwsOxAhN9Mu38emSRPJOSlzMamp;ned=en_z anobrball 2 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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