yabbycasino150freespins| * New progress in ST Yinjiang's claim Some shareholders have submitted prosecution materials

Date: 4个月前 (05-22)View: 93Comments: 0

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Recently, he has represented investors in suing more than 100 listed companies for claimsyabbycasino150freespinsLi Jian, a lawyer from Zhejiang Yufeng Law Firm (certificate number: 13301200210145176), said that Yinjiang Technology Co., Ltd.(referred to as *ST Yinjiang (rights protection), securities code: 300020) was suspected of misrepresentation of securities, and some shareholders had submitted prosecution materials to the court. (Lawyer Li Jian's column)

Looking back on the case, on April 30, 2024, *ST Yinjiang issued a series of announcements such as the "Special Explanation on Non-Standard Audit Opinions on the 2023 Financial Report","Announcement on Correction of Prior Accounting Errors", and "Announcement on the Company's Illegal Use of Raised Funds and Rectification Completed".

The announcement shows that Zhongxinghua Certified Public Accountants (Special General Partnership) issued an audit report on *ST Yinjiang's 2023 financial statements that cannot express opinions. The main contents involved in the inability to express opinions include matters involving large amounts of capital transactions and costs. Accuracy and completeness. In addition, *ST Yinjiang admitted that there was illegal use of raised funds in 2023.

It is noteworthy that on May 14, 2024, *ST Yinjiang issued the "Announcement on the Freezing and Illegal Use of Raised Funds." As of now, the company has to return a total of 25 per cent to the special account for raised funds.yabbycasino150freespins,0 million yuan.

According to the judicial interpretation of misrepresentation, if listed companies and other companies violate the law of information disclosure, the rights and interests of investors are damaged, the damaged investors can sue for compensation in accordance with the law. The scope of the claim includes: investment differences, commissions, stamp duty losses, etc.

"The pre-process for securities claims has been cancelled, and we are currently suing investors in batches." Lawyer Li Jian said that according to judicial interpretation, it is tentatively decided that damaged investors who bought *ST Yinjiang shares between April 26, 2023 and April 29, 2024 and continued to hold them at the close of trading on April 29, 2024 can claim compensation. Whether or not compensation can be obtained and how much compensation will ultimately be determined by the court. (*ST Yinjiang Rights Protection Entrance)

Shareholders are required to provide securities account opening information inquiry forms, stock statements (from April 1, 2023 to present), contact information, etc. for claims.

(This article was contributed by Lawyer Li Jian of Zhejiang Yufeng Law Firm and does not represent Sina Finance's position. Lawyer Li Jian is a director of the Securities Law Research Society of China Law Society and a securities dispute mediator of the Securities Industry Association of China. In 2009, he was awarded the title of "Outstanding Young Lawyer of Zhejiang Province." Since 2003, Lawyer Li Jian has represented investors in suing more than 100 listed companies for claims, with remarkable results. Among them, the false statement case of investors v. Hangxiao Steel Structure was selected into the "Top Ten Mediation Cases in National Courts" in 2012, the false statement cases of investors v. Xiangyuan Culture, Zhao Wei and others were selected into the Top Ten Commercial Cases of the People's Court in 2019, and the false statement case of investors v. Huifeng Shares The false statement case is the first case of ordinary representative in securities disputes in Jiangsu Province.)

yabbycasino150freespins| * New progress in ST Yinjiang's claim Some shareholders have submitted prosecution materials

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