Allegations of misconduct at Silvercorp's (SVM) China operations form the basis of a...

|About: Silvercorp Metals Inc. (SVMLF)|By:, SA News Editor
Allegations of misconduct at Silvercorp's (SVM) China operations form the basis of a class-action lawsuit against the mining company and three of its senior executives, including CEO Rui Feng. They are accused of overstating financial results from SVM’s flagship Ying mine, causing investors to buy the stock at “artificially inflated and distorted" prices. SVM -0.9% premarket.