Attention evk shareholders: ever-glory international group, inc (evk) under investigation by the young law firm

Phoenixville, pa.--(business wire)--the young law firm is investigating possible claims on behalf of investors in ever-glory international group, inc., (“ever-glory” or the “company”) (nyse mkt: evk) concerning possible violations of state law. the investigation concerns the company’s announcement that certain of its unaudited financial statements should no longer be relied upon and ever-glory’s recent announcement that it had received a warning letter from the nyse regulation, inc. ever-glory manufactures and distributes clothing. the company offers its products to department stores located in china, europe, the united states and japan. ever-glory is based in nanjing, china. the investigation by the young law firm relates to the company’s announcement that its unaudited financial statements for the three-month period ended march 31, 2012, the six month period ended june 30, 2012, and the nine-month period ended september 30, 2012, should not be relied upon. subsequently the company filed amended quarterly reports with the securities & exchange commission. then, on october 7, 2013, the company announced that it had received a warning letter from the nyse regulation, inc. as a result of the company’s failure to have its audit committee review and approve certain related party transactions prior to entering into the transactions. the company further explained that its audit committee did not review or approve certain related party transactions including the company’s counter-guarantee to jiangsu ever-glory international enterprise group company, an entity majority owned and controlled by mr. yihua kang, the company’s chairman, ceo and president prior to entering into the transactions. if you own ever-glory stock, have information about the company’s financial statements, or would like to learn more about this investigation, please contact: henry young esq.the young law firmtoll-free: 888-452-7252email: contact@theyounglf.comor visit: www.theyounglf.com/ever-glory-class-action-lawsuit/ henry young esq., the firm’s founder, has over 10 years of experience litigating complex shareholder class action lawsuits, including cases resulting in the recovery of millions of dollars for shareholders. the firm routinely works with and refers cases to other leading law firms around the country to enforce shareholder rights. for more information about the firm and class action cases in general, please visit our website: www.theyounglf.com. this press release may be considered attorney advertising. past results do not guarantee future performance.
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