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The Rosen Law Firm Files Securities Class Action Against Deer Consumer Products, Inc. Seeking to Recover Investors’ Losses – DEER


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© Business Wire 2011
2011-04-30 04:50:17 -

The Rosen Law Firm, P.A. today announced that it has filed a class action lawsuit on behalf of investors who purchased common stock of Deer Consumer Products, Inc. (NASDAQ: DEER) from March 31, 2009 to March 17, 2011 (the “Class Period”), seeking investor remedies under the federal securities laws.

To join the Deer class action, visit the firm’s website at www.rosenlegal.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. , or call Jonathan Horne, Esq., toll-free, at 866-767-3653; you may also email jhorne@rosenlegal.com : mailto:jhorne@rosenlegal.com for information on the class action. The case is pending the U.S.
District Court for the Central District of California.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE

NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.

The Complaint alleges that Deer misrepresented its financial performance, business prospects, and financial condition to investors, citing inconsistent Chinese regulatory filings. The Complaint also alleges that Deer improperly recognized revenue in violation of Generally Accepted Accounting Principles (“GAAP”). On March 9, 14, and 17, 2011, analyst Alfred Little issued a series of reports disclosing defendants’ alleged fraud, which caused the stock price to drop, damaging investors.

If you wish to serve as lead plaintiff, you must move the Court no later than June 28, 2011. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Jonathan Horne, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at jhorne@rosenlegal.com : mailto:jhorne@rosenlegal.com .
You may also visit the firm’s website at www.rosenlegal.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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Laurence M. Rosen, Esq.Jonathan Horne, Esq.The Rosen Law

Firm P.A.275 Madison Avenue 34 th FloorNew York,

New York 10016Tel: (212) 686-1060Weekends Tel: (917) 797-4425Toll
Free: 1-866-767-3653Fax: (212) 202-3827 lrosen@rosenlegal.com : mailto:lrosen@rosenlegal.com jhorne@rosenlegal.com : mailto:jhorne@rosenlegal.com www.rosenlegal.com : www.rosenlegal.com


Author:
Hossam Abdel-Kader
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