Deer Consumer Products Sues SeekingAlpha Basher "Alfred Little" (DEER)

Deer Consumer Products DEER announced today that DEER has filed a lawsuit in the Supreme Court of the State of New York against Seeking Alpha blogger "Alfred Little" and others, related to their numerous false "research reports" about DEER, which appear to be part of an orchestrated scheme to manipulate and depress DEER's stock. The day of Alfred Little's post on Seeking Alpha, Deer Consumer Products' stock fell from above $11 to $8.25. DEER intends to pursue all legal means available to continue to defend the legal rights of the company and its shareholders against illegal short selling and market manipulation. A copy of the complaint can be found here.