---
schema_version: "secwatch.filing_event.v1"
accession: "0001680873-23-000019"
form_type: "8-K"
ticker: "HFFG"
cik: "0001680873"
company_name: "HF Foods Group Inc."
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:27:03.382696+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HF Foods files federal lawsuit accusing Xu Group of illegal takeover attempt

## Summary
- Filed complaint in Nevada federal court on May 11, 2023 against Maodong Xu and others, alleging securities law violations and illegal tender offer.
- Xu Group withdrew its slate of director nominees on May 15; company withdrew emergency TRO motion but continues lawsuit.
- Lawsuit claims Xu Group obfuscated identity, made false SEC disclosures, and pressured stockholders to sell shares since October 2022.
- Xu Group's alleged aim: seize control of HF Foods; Mr. Xu previously banned by Chinese regulators for market manipulation.
- Company also adopted a limited-duration stockholder rights plan on April 11, 2023 to protect against creeping control.

## SEC filing metadata
- accession: 0001680873-23-000019
- form_type: 8-K
- ticker: HFFG
- cik: 0001680873
- company_name: HF Foods Group Inc.
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680873/000168087323000019/0001680873-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680873/000168087323000019/hffg-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001680873-23-000019
- JSON: https://secwatch.observer/filing/0001680873-23-000019.json
- Plain text: https://secwatch.observer/filing/0001680873-23-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.