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China-Biotics Investor Says CEO Is Embezzling Funds

By Vince Sullivan ( February 10, 2017, 11:15 PM EST) -- An investor in animal feed maker China-Biotics Inc. said in a lawsuit filed Friday in Delaware Chancery Court that the company's chairman and CEO is fraudulently transferring company assets to his friend, family and other companies he controls in order to avoid paying a $44 million judgment....

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