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120millionpowerball| ST Nanwei's advance notice of penalty collection, investor claims collection
editor 2024-05-23 11:00:36
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May 22, 2024 Jiangsu Southern Eisai Pharmaceutical Co., Ltd. (Securities abbreviation120millionpowerballST Nanwei (rights protection), stock code: 603880) issued an announcement that the company received a "notice of Administrative punishment" issued by Jiangsu Regulatory Bureau of China Securities Regulatory Commission (Su punishment word [2024] No. 5).

It has been found out that the parties have the following illegal facts: (1) Nanwei shares are suspected of failing to disclose the occupation of related parties' non-operating funds in a timely manner.120millionpowerball(2) there are major omissions in the suspected periodic reports of Nanwei shares; the relevant information is not disclosed in the 2020 annual report, 2021 semi-annual report, 2021 annual report and 2022 semi-annual report.

Luo Jianxin lawyer represented some investors v. Sino-Thai Chemical Securities false statement case is being carried out in an orderly manner, qualified investors to join the claim as soon as possible. The conditions of claim are tentatively set as follows: a damaged investor who buys the stock between 2020-04-29 and 2023-04-27, and who sells or still holds the stock at the close of trading on April 28, 2023, may claim from the company, and the terms of claim shall prevail as determined by the court.

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 reminds us of litigation matters:

120millionpowerball| ST Nanwei's advance notice of penalty collection, investor claims collection

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:

two120millionpowerball.1. Stock trading records (or statements)

two120millionpowerball.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. )

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