April 29, 2024CrashgamepcThe 603879 Yongyue Technology (Rights Protection) announcement received the "advance notice of Administrative punishment and Market ban" from the China Securities Regulatory Commission. The violations involved include: first, it is suspected of misleading statements in the interim announcement of major contractsCrashgamepcSecond, it is suspected of failing to disclose the occupation of non-operating funds of related parties in time and there are major omissions in periodic reports. Some investors may have the opportunity to claim compensation.
Xu Jin, a lawyer from Beijing Pacific Century (Shenzhen) Law firm (practice license No. 14403200610948623), believes that according to the new judicial interpretation of misrepresentation of securities, the pre-procedure has been clearly cancelled and investors may file a civil compensation action to protect their legitimate rights and interests due to misrepresentation of listed companies. The scope of claim loss includes loss of investment difference, stamp duty and commission. (lawyer Xu Jin's column)
Provisional conditions of claim:
(1) an impaired investor who bought between August 28, 2023 and September 18, 2023 and sold or continued to hold after September 18, 2023 at a loss; (2) bought between March 18, 2022 and October 11, 2023, and sold or continued to hold after October 11, 2023 (final judgment of the court).
The investor should prepare the following materials: a copy of the ID card, the confirmation form of the opening information of the securities account (the original is sealed by the business department of the securities company), the securities trading record (from the first purchase of the stock and affixed with the seal of the business department of the securities company). (Yongyue Technology Rights Protection entrance)
(this article is contributed by Xu Jin, a lawyer from Beijing Pacific Century (Shenzhen) Law firm (license No. 14403200610948623) and does not represent the position of Sina Finance. Lawyer Xu Jin is good at defending the rights of shareholders in misrepresentation cases of listed companies. For more than a decade, he has represented investors in suing a number of listed companies for successful claims. )
