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China XD Plastics Company Ltd. Message Board

  • rjanderson383 rjanderson383 Aug 14, 2014 4:47 PM Flag

    Anyone catch this? update on seeking alpha article

    This is now at the bottom of the article.:

    Update: On July 31st I received a message from Shearman & Sterling LLP asking that I correct certain aspects of this article which they deemed "false and unfair." They believed that my article falsely accused Mr. Zhang, the CFO of being accused of fraud at previous positions. While I believe that my writing made it clear that Mr. Zhang was only employed by companies that were then later accused of fraud, I have deleted that part of the article. Their letter goes on to say that what I wrote regarding contacting the CFO was untrue, and that I did not contact him. What I know happened was that I called the number provided on the CXDC website for the CFO, I asked if I was speaking to the CFO and the person on the other end of the line said he was the CFO. Whether that was a misunderstanding on the other end of the line I am not sure. I have redacted this part of the article as well.

    Sentiment: Strong Buy

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