Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
NYSE trading exclusion
The NYSE excluded Duoyuan Global Water shares from trading following the company’s governance and securities-related difficulties.
2011
Allegations concerning fraudulent internal controls
Duoyuan faced allegations involving fraudulent internal company controls. Four board members resigned, and the company commissioned an investigation involving Baker & McKenzie and an international accounting firm.
2011
Securities-fraud class-action allegations
The company was accused of securities fraud in a class-action lawsuit. A Special Investigation Committee was appointed to review the issues raised.