Claims Trimmed In Securities Class Action Against Chinese Company

NEW YORK - A federal judge in New York on Aug. 24 dismissed a majority of claims filed by shareholders in a securities class action lawsuit against a Chinese manufacturer and seller of water treatment products and others for allegedly misrepresenting the company's business and financial condition in violation of federal securities laws (Hoi Ming Michael Ho, et al. v. Duoyuan Global Water Inc., et al., No. 10-7233, S.D. N.Y.; 2012 U.S. Dist. LEXIS 121670).

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