Monday, April 2, 2012

Airgead Clann, LLC Comments on a California Superior Court Ruling Involving Allegations of Fraud Against a China Small Cap Company Director:

LOS ANGELES, April 2, 2012 /PRNewswire/ -- Fuqi International Inc. (symbol FUQI.PK) is a Chinese jewelry company that came to the United States capital markets in 2007 through a Reverse Take-over (RTO). But unlike many other RTO's Fuqi had big names promoting the stock, the likes of Oppenheimer, William Blair and SG Cowen.  They raised $150M from two stock offerings.  Since raising the money the company has gone the road of many of its peer group in the China Small Cap space.  They...continued
     

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