Foshan Lighting announced at noon on November 5 that the company was suspected of information disclosure violations and was investigated by the China Securities Regulatory Commission. After the resumption of trading on the afternoon of the same day, Foshan Lighting once touched the down limit and finally closed down by 4.21%. For the next three trading days, Foshan Lighting received the Yinxian.
In fact, Foshan Lighting is a “regular guest†investigated by the regulatory authorities, which has a great impact on the company's share price. Wu Lijun, a lawyer at Shanghai Oriental Cambridge Law Firm, said that he has received many claims from Foshan Lighting. Consultation phone number for related questions.
The company was investigated and the stock price plummeted
Lawyer Wu Lijun said that he was not surprised by the investigation of Foshan Lighting, because as early as July 6, 2012, Foshan Lighting had issued the "Decision on Responding to Corrective Measures for Foshan Electrical and Lighting Co., Ltd." "The decision on the order to publicly explain the measures to Zhong Xincai", the two decisions of the Guangdong Securities Regulatory Commission on administrative supervision measures, the content of the article and the series of information disclosure violations of Foshan Lighting announced that it is enough to be investigated, but obviously The violations of this case investigation will not be limited to the above scope.
According to calculations, Foshan Lighting received the closing price of the previous day's decision on the administrative supervision measures of the Guangdong Securities Regulatory Bureau on July 5, and Foshan Lighting's share price fell 15.9% before the investigation by the Securities and Futures Commission on November 5, while the same period. Shenzhen Chengzhi Index only fell 7.8%, and the manufacturing sector index of the company fell only 5.8% during the same period. Obviously, the company’s letter-breaking violations and related party transactions have had a big impact on stock prices.
A number of investors began to consult the claim
Wu Lijun also revealed on November 8 that he has received many consultation calls from Foshan lighting investors on the related issues of claims. The most common questions raised by the investors are summarized into two. The first one is the range of stock trading hours. The second is when the future claims, Foshan Lighting's stock needs to be held or sold. Wu said that the investors who can apply for the claim can be divided into two stages, namely, buying shares of Foshan Lighting before July 5, 2012 (including the day), and holding them at the close on July 5, 2012. Also, stocks of Foshan Lighting were bought before noon on November 5, 2012 (excluding the afternoon) and held at the close of noon on November 5, 2012. In addition, the general sale and holding can be claimed, but under the same conditions, the amount of the claim is somewhat different.
According to the regulations, after the CSRC imposed an administrative punishment on Foshan Lighting, the investors can immediately file a claim for compensation with the people's court. However, the investigation time of the CSRC is generally short for nearly one year and for five years, causing the shareholders to file a lawsuit to defend their rights and interests. Time has been delayed for a long time. Lawyer Wu Lijun proposed to cancel the administrative penalty pre-procedure procedure for false statement litigation. At the same time, the investors can entrust a lawyer or suicide by themselves. The conditions for the court to accept the claim for compensation are not related to the amount of shares held by the shareholders, and the geographical position of the shareholders is not available. Prosecuting illegal listed companies or executives or intermediaries to protect their legitimate rights and interests.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
In fact, Foshan Lighting is a “regular guest†investigated by the regulatory authorities, which has a great impact on the company's share price. Wu Lijun, a lawyer at Shanghai Oriental Cambridge Law Firm, said that he has received many claims from Foshan Lighting. Consultation phone number for related questions.
The company was investigated and the stock price plummeted
Lawyer Wu Lijun said that he was not surprised by the investigation of Foshan Lighting, because as early as July 6, 2012, Foshan Lighting had issued the "Decision on Responding to Corrective Measures for Foshan Electrical and Lighting Co., Ltd." "The decision on the order to publicly explain the measures to Zhong Xincai", the two decisions of the Guangdong Securities Regulatory Commission on administrative supervision measures, the content of the article and the series of information disclosure violations of Foshan Lighting announced that it is enough to be investigated, but obviously The violations of this case investigation will not be limited to the above scope.
According to calculations, Foshan Lighting received the closing price of the previous day's decision on the administrative supervision measures of the Guangdong Securities Regulatory Bureau on July 5, and Foshan Lighting's share price fell 15.9% before the investigation by the Securities and Futures Commission on November 5, while the same period. Shenzhen Chengzhi Index only fell 7.8%, and the manufacturing sector index of the company fell only 5.8% during the same period. Obviously, the company’s letter-breaking violations and related party transactions have had a big impact on stock prices.
A number of investors began to consult the claim
Wu Lijun also revealed on November 8 that he has received many consultation calls from Foshan lighting investors on the related issues of claims. The most common questions raised by the investors are summarized into two. The first one is the range of stock trading hours. The second is when the future claims, Foshan Lighting's stock needs to be held or sold. Wu said that the investors who can apply for the claim can be divided into two stages, namely, buying shares of Foshan Lighting before July 5, 2012 (including the day), and holding them at the close on July 5, 2012. Also, stocks of Foshan Lighting were bought before noon on November 5, 2012 (excluding the afternoon) and held at the close of noon on November 5, 2012. In addition, the general sale and holding can be claimed, but under the same conditions, the amount of the claim is somewhat different.
According to the regulations, after the CSRC imposed an administrative punishment on Foshan Lighting, the investors can immediately file a claim for compensation with the people's court. However, the investigation time of the CSRC is generally short for nearly one year and for five years, causing the shareholders to file a lawsuit to defend their rights and interests. Time has been delayed for a long time. Lawyer Wu Lijun proposed to cancel the administrative penalty pre-procedure procedure for false statement litigation. At the same time, the investors can entrust a lawyer or suicide by themselves. The conditions for the court to accept the claim for compensation are not related to the amount of shares held by the shareholders, and the geographical position of the shareholders is not available. Prosecuting illegal listed companies or executives or intermediaries to protect their legitimate rights and interests.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
Machine Case,Cooling Fan,Micro Atx,Water Pump
Guangzhou Lufeng Electronic Technology Co. , Ltd. , https://www.lufengelectronics.com