8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 12, 2013

DEER CONSUMER PRODUCTS, INC.

(Exact name of registrant as specified in its charter)

Nevada	001-34407		20-5526104
(State or other Jurisdiction of Incorporation)	(Commission File Number)		(IRS Employer Identification No.)
Area 2, 1/F, Building M-6, Central High-Tech Industrial Park, Nanshan, Shenzhen, China		518057
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (86) 755-8602-8285

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On August 12, 2013, Deer Consumer Products, Inc. issued a press release announcing that settlement of a security class action lawsuit.

A copy of the press release is furnished as Exhibit 99.99 to this report and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit	Description
99.99	Press Release, “DEER Settles Securities Class Action,” Dated August 12, 2013

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		DEER CONSUMER PRODUCTS, INC.
		(Registrant)
Date:	August 12, 2013	By:	/s/ Ying He
		Name:	Ying He
		Title:	Chief Executive Officer

EX-99.99

Exhibit 99.99

DEER Settles Securities Class Action

New York, August 12, 2013  (PR Newswire) - Deer Consumer Products, Inc. (website: http://www.deerinc.com/), a leading provider of "DEER" branded small household and kitchen products to Chinese consumers and a vertically integrated manufacturer of small household products for global customers, announced today that it has successfully settled the securities class action lawsuit Rose v. Deer Consumer Products, Inc. et al. (“Lawsuit”).   The United States District Court for the Central District of California granted final approval of a settlement on August 9, 2013, which represents about 4% of plaintiffs’ claimed damages.

The Lawsuit primarily relates to certain public statements concerning the Company’s financial condition in 2010 and 2009. The Company filed a motion to dismiss the lawsuit, which was pending before the Court at the time of the settlement of the Lawsuit. The Company continues to deny the allegations in the Lawsuit and settled the matter to spare itself further litigation expense.

About Deer Consumer Products, Inc.

Deer Consumer Products, Inc. is a U.S. company with its primary operations in China. Deer has an 20-year operating business and a strong balance sheet. Operated by Deer's founders and supported by more than 100 patents, trademarks, and copyrights, Deer is a provider of "DEER" branded consumer products to Chinese consumers and a vertically integrated manufacturer of small home and kitchen appliances. Deer’s products are produced in-house at company facilities and by third party OEM manufacturers under the “DEER” brand. Deer's product lines include small household and kitchen appliances as well as personal care products designed to make modern lifestyles easier and healthier.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Deer's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Deer's filings with the Securities and Exchange Commission.

Corporate Contact:

Ms. Helen Wang, President

Deer Consumer Products, Inc.

Tel: 011-86-755-86028300

Email: investors@deerinc.com