Investor Update: The Rosen Law Firm Announces Expansion of Class Period in Lawsuit Against Yongye International, Inc. � YONG

NEW YORK, July 22, 2011 (GLOBE NEWSWIRE) — The Rosen Law Firm, P.A. today announced that it has filed an amended complaint in New York federal court expanding the class action against Yongye International, Inc. (Nasdaq:YONG) to include those who purchased the common stock of Yongye during the period from March 15, 2010 to May 18, 2011, inclusive.

To join the Yongye class action or to view the amended complaint, visit the Rosen Law Firm’s website at http://ping.fm/eikui, or call Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email or pkim@rosenlegal.com for information on the class action. The case originally filed by the Rosen Law Firm is pending the U.S. District Court for the Southern District of New York.

The amended complaint asserts violations of the federal securities laws against Yongye and its officers and directors for issuing false and misleading information to investors about the financial and business condition of the Company. �The amended complaint alleges that (a) Yongye’s financial results as reported to the SEC were inconsistent with the Company’s ability to produce the tonnage reported as shipments of sales; (b) Yongye misstated the true details of the March 2010 agreement between Yongye and Wuchuan Shuntong Humic Acid Trading Company, Ltd.; (c) Yongye’s reported financial statements were grossly inflated by including revenue it had not earned; and (d) Yongye’s business was not growing at the rate represented by defendants.

If you wish to serve as lead plaintiff, you must move the Court no later than July 25, 2011. �A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.�If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com.�You may also visit the firm’s website at http://ping.fm/OMau4.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

CONTACT: Laurence Rosen, Esq.
         Phillip Kim, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue, 34th Floor
         New York, New York 10016
         Tel: (212) 686-1060
         Weekends Tel: (917) 797-4425
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827
         lrosen@rosenlegal.com
         pkim@rosenlegal.com
         www.rosenlegal.com

News

http://bit.ly/nPUHmd