On October 9th, the stockholders who caused widespread concern v. Foshan Lighting Securities’ false claims claim cases have made new progress. Many lawyers received a notice from the Guangzhou Intermediate People’s Court, and requested to submit written legal opinions to the court before next Wednesday to further clarify The false statement behavior of Foshan Lighting and the corresponding situation of the plaintiff's stock investment.
Lawyer Song Yixin told reporters that Foshan Lighting Securities' false statement will produce results in 2014.
According to public information, in the first half of July and the end of August this year, the Guangzhou Intermediate People's Court arranged nearly a thousand cases of Foshan lighting in two batches. The litigation amount involved in the case exceeded 100 million yuan. After the trial ended, these cases entered a silent period.
Lawyer Song Yixin revealed to reporters that the judge contacted the plaintiff's lawyer mainly because the CSRC's administrative punishment decision determined that there were seven information disclosure violations in Foshan Lighting. Many plaintiffs invested in Foshan Lighting stocks. The court therefore requested the plaintiffs to further It is clear that he suffered losses due to one or a few violations of Foshan Lighting.
Both lawyers Song Yixin and Li Jian told reporters that according to the decision of the CSRC, it is enough to confirm that there are many information disclosure violations in Foshan Lighting, and that many information disclosure violations overlap in time. Therefore, there are multiple false statements in this case. On the implementation date, the plaintiff suffered losses due to the defendant's seven false statements, so he claimed that the date of the first violation occurred (ie, the announcement on increasing investment to Qinghai Fozha Lith Energy Development Co., Ltd. on July 15, 2010) The date of publication) is the date of implementation of the false statement. Since the seven false statements were publicly disclosed on the date of the July 6th, 2012 issue of the “Notice on Receiving the Decision of the Administrative Supervision Measures of the Guangdong Securities Regulatory Bureauâ€, the plaintiff advocated July 6, 2012 as the disclosure date. .
The two lawyers suggested that the statute of limitations for the Foshan lighting case will expire on March 6, 2015. If the investor meets the claim conditions, he will lose the chance to win the case without compensation. The claim conditions are: July 15, 2010 to 2012. It was sold on the 6th of the month and sold or continued to hold Foshan Lighting stock after July 6, 2012, and anyone with a loss or a presumed loss can sue.
Lawyer Song Yixin told reporters that Foshan Lighting Securities' false statement will produce results in 2014.
According to public information, in the first half of July and the end of August this year, the Guangzhou Intermediate People's Court arranged nearly a thousand cases of Foshan lighting in two batches. The litigation amount involved in the case exceeded 100 million yuan. After the trial ended, these cases entered a silent period.
Lawyer Song Yixin revealed to reporters that the judge contacted the plaintiff's lawyer mainly because the CSRC's administrative punishment decision determined that there were seven information disclosure violations in Foshan Lighting. Many plaintiffs invested in Foshan Lighting stocks. The court therefore requested the plaintiffs to further It is clear that he suffered losses due to one or a few violations of Foshan Lighting.
Both lawyers Song Yixin and Li Jian told reporters that according to the decision of the CSRC, it is enough to confirm that there are many information disclosure violations in Foshan Lighting, and that many information disclosure violations overlap in time. Therefore, there are multiple false statements in this case. On the implementation date, the plaintiff suffered losses due to the defendant's seven false statements, so he claimed that the date of the first violation occurred (ie, the announcement on increasing investment to Qinghai Fozha Lith Energy Development Co., Ltd. on July 15, 2010) The date of publication) is the date of implementation of the false statement. Since the seven false statements were publicly disclosed on the date of the July 6th, 2012 issue of the “Notice on Receiving the Decision of the Administrative Supervision Measures of the Guangdong Securities Regulatory Bureauâ€, the plaintiff advocated July 6, 2012 as the disclosure date. .
The two lawyers suggested that the statute of limitations for the Foshan lighting case will expire on March 6, 2015. If the investor meets the claim conditions, he will lose the chance to win the case without compensation. The claim conditions are: July 15, 2010 to 2012. It was sold on the 6th of the month and sold or continued to hold Foshan Lighting stock after July 6, 2012, and anyone with a loss or a presumed loss can sue.
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