HF Foods Group (HFFG) Announces Settlement with SEC

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HF Foods Announces Settlement with SEC

June 10, 2024 8:30 AM EDT

LAS VEGAS, June 10, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (HF Foods, or the Company), a leading food distributor to Asian restaurants across the United States, today announced the final resolution of the previously disclosed formal, non-public investigation by the staff of the U.S. Securities and Exchange Commission (SEC or Commission) into allegations that the Company and/or its former executives violated United States securities laws.

As part of the settlement, the Company neither admitted nor denied the SECs findings. The Company has consented to the entry of an... More