27 Nov '11, 2am

More Problems for JinkoSolar $JKS

More Problems for JinkoSolar $JKS

The Complaint alleges that in the Prospectus and Registration Statement issued in connection with the Company’s IPO, and in subsequent filings with Securities and Exchange Commission , JinkoSolar represented that the Company was in full compliance will all environmental regulations in the People’s Republic of China . The Complaint further alleges that last month, after a massive die-off of fish in a river adjacent to JinkoSolar’s primary manufacturing facility in Haining, China, hundreds of local residents protested and eventually ransacked the facility, 31 people were detained by police, and the facility was shut for several weeks.

Full article: http://www.solarfeeds.com/more-problems-for-jinkosolar-jks/

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