The minority shareholders who have received much attention from all walks of life v. Foshan Lighting Securities’ false claims liability disputes are difficult to be good. The reporter recently broke the news that the reconciliation between the two defendants has already "talked down" and will enter the intensive trial stage in August. In an interview yesterday (30), Foshan Lighting said that the plaintiff did not propose a settlement.
Broke the news that a settlement has been <br> <br> collapse, according to July 9 this year, Foshan Lighting disputes and minority shareholders of the first hearing, both the original defendant attorney had three hours of heated debate, contradictions are mainly concentrated in four areas First, whether there is systemic risk in the market, whether the stock price decline of Foshan Lighting is directly related to systemic risk; second, whether the information disclosure problem of Foshan Lighting constitutes a false statement; third, whether the plaintiff's main body and the information provided are legal and compliant; How to determine the implementation date of Foshan Lighting related transactions.
After the trial, the presiding judge said that if the two sides want to reconcile, the original defendant should submit the settlement proposal to the court within one week. However, since then, the two sides have not reached a settlement, and a person familiar with the matter said that the two sides "talked down." “Foshan Lighting is now dragging its time, worrying about reconciliation, and more investors will come to claim.†A damaged investor speculated.
In the next August, the trial will be held intensively. “The case of a small shareholder v. Foshan Lighting Securities’ false statement liability dispute was filed in March last year and has gone through procedures such as jurisdictional objections. It has been opened on July 9 this year, but those plaintiffs are not my agent, August. On the 25th, I arranged for dozens of investors I represented. It is estimated that the court will arrange a batch of trials." Liu Guohua, the director of Guangdong Benben Law Firm, told reporters yesterday. "At present, I have represented more than 100 investors in the court, the amount of the claim exceeds 20 million, and some investors have also prepared the lawsuit, and will submit the filing materials to the court in the near future," he said.
It is understood that the court currently has three batches of cases concerning Foshan Lighting. The total number of plaintiffs is 1,303, and the amount claimed is as high as 180 million yuan. The first batch of the above three batches was only held on July 9. According to financial data, in the first quarter of 2014, Foshan Lighting achieved a net profit of 71.35 million yuan, while last year's total net profit was 250 million yuan. This means that the claim amount of 180 million yuan will engulf the net profit of Foshan Lighting for half a year.
Broke the news that a settlement has been <br> <br> collapse, according to July 9 this year, Foshan Lighting disputes and minority shareholders of the first hearing, both the original defendant attorney had three hours of heated debate, contradictions are mainly concentrated in four areas First, whether there is systemic risk in the market, whether the stock price decline of Foshan Lighting is directly related to systemic risk; second, whether the information disclosure problem of Foshan Lighting constitutes a false statement; third, whether the plaintiff's main body and the information provided are legal and compliant; How to determine the implementation date of Foshan Lighting related transactions.
After the trial, the presiding judge said that if the two sides want to reconcile, the original defendant should submit the settlement proposal to the court within one week. However, since then, the two sides have not reached a settlement, and a person familiar with the matter said that the two sides "talked down." “Foshan Lighting is now dragging its time, worrying about reconciliation, and more investors will come to claim.†A damaged investor speculated.
In the next August, the trial will be held intensively. “The case of a small shareholder v. Foshan Lighting Securities’ false statement liability dispute was filed in March last year and has gone through procedures such as jurisdictional objections. It has been opened on July 9 this year, but those plaintiffs are not my agent, August. On the 25th, I arranged for dozens of investors I represented. It is estimated that the court will arrange a batch of trials." Liu Guohua, the director of Guangdong Benben Law Firm, told reporters yesterday. "At present, I have represented more than 100 investors in the court, the amount of the claim exceeds 20 million, and some investors have also prepared the lawsuit, and will submit the filing materials to the court in the near future," he said.
It is understood that the court currently has three batches of cases concerning Foshan Lighting. The total number of plaintiffs is 1,303, and the amount claimed is as high as 180 million yuan. The first batch of the above three batches was only held on July 9. According to financial data, in the first quarter of 2014, Foshan Lighting achieved a net profit of 71.35 million yuan, while last year's total net profit was 250 million yuan. This means that the claim amount of 180 million yuan will engulf the net profit of Foshan Lighting for half a year.
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