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Consumer Discretionary

Deer Consumer Products Inc (DEER US)

Year: 2011

Deer Consumer Products (Deer) was the result of a 2008 reverse merger, transferring to the Nasdaq in June 2009. It was first attacked by short-seller Alfred Little alleging fraud in March 2011, followed up by Citron Research in April and then by GeoInvesting in September. The Nasdaq halted trading in Deer in August 2012 and issued a delisting notice in October, relating to suspected fraud. Although it was likely a fraud, independent auditors Goldman Kurland Mohidin gave the company's last published financials in FY11 a clean bill of health.

Last updated August 2021

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