View Single Post
Old 05-27-2011, 06:42 AM   #1
ghset10570
 
Posts: n/a
Default 2 v. Huang investors compensation case filing insi

to industry analysts, overwhelmed by civil compensation case when the defendant Huang formal hearing , Mr Huang may also be faced with many investors filed a civil suit for compensation .

2010年5 18, the Beijing Second Intermediate Court to Huang committed insider trading , illegal business and units bribery graft and sentenced her to 14 years imprisonment and a fine of RMB 6 Billion,tod's scarpe donna, 200 million yuan of personal property confiscated . Huang appealed this decision to the Beijing Higher People's Court. August 30 , the Beijing High Court upheld the decision made ​​by the second trial .

closed criminal cases in the Huang , the laws are proposed to be filed Huang also faces the possibility of administrative or civil proceedings . Zhang Yuanzhong said that according to Article 76 of the Securities Act provides that insider trading caused losses to investors , the perpetrator shall be liable for damages. According to Article 202 of the Securities Act , securities trading inside information or illegal access to inside information insider who ,tods, in relation to securities, transaction or other securities of the price information public before a significant impact on the sale of the securities, or disclose The information,tods scarpe donna, or suggest that other people sell the securities , and securities regulators will also be administrative penalties.

Accordingly, Zhang Yunzhong the lead agency filed a civil suit for compensation two shareholders .
  Reply With Quote

Sponsored Links