Zhongpin, Inc. Going Private Proposal Investigated by the Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLP

DALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Zhongpin, Inc. (“Zhongpin”) (Nasdaq: HOGS) related to a going private proposal from its Chairman. Under the terms of the proposal, Zhongpin’s Chairman and Chief Executive Officer, Mr. Xianfu Zhu, would acquire all outstanding share of Zhongpin’s common stock for $13.50 per share, well below the $17.01 the shares were worth on May 2, 2011. Zhu current owns approximately 17.5% of the Company’s stock.