March 6, 2012 - The court granted the notice of voluntary dismissal with prejudice.
March 5, 2012 - The lead plaintiffs filed a notice of voluntary dismissal with prejudice.

December 12, 2011 - The lead plaintiffs filed an amended consolidated complaint on behalf of investors who purchased Yongye International Inc (NASDAQ: YONG) common shares between August 11, 2010 and May 19, 2011. The lead plaintiffs allege that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between August 11, 2010 and May 19, 2011.

September 23, 2011 - Lead plaintiffs and lead counsel were appointed and all cases were consolidated.

July 25, 2011 - Lead plaintiff motions were filed.

May 26, 2011 - An investor in shares of Yongye International Inc (NASDAQ: YONG) filed a lawsuit in the U.S. District Court for the Southern District of New York against Yongye International Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between August 11, 2010 and May 11, 2011.

The lawsuit followed after a report concerning alleged self-dealing transactions and a more than 35% stock price drop of Yongye International Inc (NASDAQ: YONG) within a few trading days.

According to the complaint the plaintiff alleges on behalf of purchasers of Yongye International Inc (NASDAQ: YONG) common stock during the period between August 11, 2010 and May 11, 2011, that Yongye International Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing materially false and misleading statements regarding its business practices and financial results between August 11, 2010 and May 11, 2011 .

Yongye International Inc reported a more then sixteen times annual Total Revenue increase over the past four years. Yongye International Inc's 12 months Total Revenue surged from $13.14 million for 2007 to $214.09 million for 2010. It reported that its Net Income rose more than ten times over the same time frame, from $4.36 million in 2007 to $48.44 million in 2010.

Shares of Yongye International Inc (NASDAQ: YONG) traded during 2009 as high as $11.59 per share and reached as high as $9.09 per share on November 8, 2010.

On May 9, 2011, Yongye International Inc issued a press release announcing its first quarter 2011 financial results. Yongye International Inc reported revenue of $50.2 million and net income of $8.4 million, or $0.16 diluted earnings per share.

The plaintiff alleges that defendants failed to disclose Yongye International Inc's financial results which were inflated and were inconsistent with Yongye International Inc's production capabilities.

Then on May 11, 2011, Seeking Alpha issued an article entitled Yongye International Inc's Reported Production: SEC Filings Raise Red Flags. On May 18, 2011, an equity analyst at Absaroka Capital Management issued a report alleging that Yongye International Inc had engaged in undisclosed self-dealing transactions through its purchase of a $34.4 million lignite coal project, as well as through more than $25 million of purchases from its two main suppliers. The analyst also reported that Yongye International Inc had falsely claimed in a television promotional campaign that its main product -- Shengmingsu - was developed by a team of scientists at Stanford University. The report contained a letter from Stanford denying that claim.

Yongye International Inc (NASDAQ: YONG) stock fell from $5.35 in the beginning of May 2011 to $3.32 during May 19, 2011.