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Friday, May 25, 2012

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Qiao Xing Universal Resources to Contact the Firm

NEW YORK, May 25, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Qiao Xing Universal Resources, Inc. ("Qiao Xing" or the "Company") (OTC: XING.PK). (Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO) The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) the Company's Chairman was improperly transferring funds from at...continued
     

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