80freespinsnodeposit| The Yitong Century Claim Case is about to be heard, and the damaged shareholders will join the claim as soon as possible
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Recently80freespinsnodepositSome investors represented by Luo Jianxin of Guangdong Jinqiao Baixin Law firm sued Yitong Century (Rights Protection) Technology Co., Ltd. (stock code: 300310) the case of liability dispute over securities misrepresentation has been formally filed by the Guangzhou Intermediate people's Court and will be heard in the near future. The claim conditions of Yitong Century are tentatively determined as follows: a damaged investor who buys Yitong Century Stock from April 3, 2018 to November 4, 2022, and who sells or continues to hold the stock at the close of trading on November 5, 2022, may claim from the company, the terms of claim shall finally be determined by the court. (it is appropriate to pass through the entrance to the protection of rights in the century)
On April 7, 2023, Yitong Century Company and related parties received the "advance notice of Administrative punishment" issued by Guangdong Regulatory Bureau (Guangdong Securities Regulatory Commission punishment word [2023] No. 2). It has been found out that Yitong Century is suspected of breaking the law as follows: from May 1 to December 31, 2017, Beitai Health, a wholly owned subsidiary of Yitong Century, falsely increased its income by 9734 through financial fraud.80freespinsnodeposit390,000 yuan, falsely increased costs 52.6099 million yuan, and inflated profits totaled 40.8386 million yuan, accounting for 3.7%, 9.75% and 15.67% of the amount disclosed in the current period of Yitong century, respectively, resulting in false records in the 2017 annual report of Yitong Century.
Lawyer Luo Jianxin said:
According to the latest provisions of the Securities Law and the relevant judicial interpretation of the Supreme people's Court, the information disclosure obligor violates the provisions of laws, administrative regulations, rules and normative documents formulated by regulatory departments on information disclosure, if there are false records, misleading statements or major omissions in the disclosed information, the people's court shall identify them as false statements. The scope of compensation includes: investment difference, commission, stamp duty and interest loss, etc. (lawyer Luo Jianxin's column)
Lawyer Luo Jianxin reminds us of litigation matters:
1. The limitation of action in a case is 3 years. If the lawsuit is sued after the limitation of action has passed, the investor will lose the right to win the lawsuit.
2. Investors are required to prepare a list of claim materials:
2.1, stock trading records (or statements)
2.2. Proof of securities account
2.3. Scan the front and back of the ID card.
3. The above prompt claim conditions, compensation object and scope are for reference only, and finally the judgment effective by the court shall prevail.
4. The lawyer's fee is the risk agent and will be paid after the investor has actually received the compensation.
(this article is contributed by Luo Jianxin, a lawyer from Guangdong Jinqiao Baixin Law firm, and does not represent the position of Sina Finance. Lawyer Luo Jianxin is a partner of Guangdong Jinqiao Baixin Law firm, founder and director of Jinqiao Securities Litigation Center, arbitrator of Guangzhou Arbitration Commission, and member of Securities Law Committee of Guangzhou Bar Association. Lawyer Luo has practiced for more than 20 years, holds securities, fund and futures qualification certificates, and is a senior shareholder. He has set up a professional securities litigation team, including listed companies' securities misrepresentation, insider trading, manipulation, equity disputes, securities criminal rights protection and defense, and has successfully represented or is acting for a large number of securities rights protection cases with rich experience. )
