Rice maker Amira Nature sued by shareholder

Published February 19, 2015 3:28pm ET



LOS ANGELES (Legal Newsline) – An international rice maker was sued in federal court on Feb. 10 over allegations its executives made false claims on financial filings with the U.S. Securities and Exchange Commission (SEC).

Robert Read filed the lawsuit against Amira Nature Foods, a United Arab Emirates-based food products company that mainly processes and sells rice. The lawsuit alleged the company overstated revenues and misled investors in its filings with the SEC. 

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