Concealed lawsuit three consecutive defeats two years Gold Valley source letter to cover still have "mine" not platoon?

October 16, Kim (market, inquiry) disclosed that it received the SFC "administrative penalty decision", the decision found that the company exists in the letter of the violation of the law and other facts.　In this respect, a senior securities lawyers said that the "landmine" buried two years, poor how many shareholders in the dark, the company's executives learned that this major lawsuit, in the period of two years, there is no leakage of insider information deserves attention. To conceal a lawsuit for two years Gold Valley from October 14 received the SFC "administrative penalty decision book." Hebei Securities and Regulatory Bureau decided to give the company a warning, and fined 300,000 yuan, the chairman of the Lu Lin to give warning, and sentenced to 200,000 yuan fine. January 2012, Kim due to economic disputes by Kunshan Grand Industrial Co., Ltd. (hereinafter referred to as "Kunshan Grand Vision") sued to Hebei High Court, the request decree Kim repay the loan and compensation interest loss. November 29, 2013, the Supreme People's Court ruled "dismissed Kim retrial application." During this period, Kim did not publish any announcements and did not disclose them in the periodic report. Data show that August 27, 2013, the Hebei High Court issued an enforcement notice and property orders to Kim, and on August 29, 2013 issued a ruling, the Supreme People's Court decided to make the civil judgments designated by the Shijiazhuang Railway transport courts to implement. October 16, 2013, Shijiazhuang Railway transport court issued an enforcement decision. October 23, 2013, Shijiazhuang Railway Transport court issued restrictions on high consumption orders.　Kim until December 7, 2013 before the announcement of the company's major litigation disclosure. Six months ago, the letter was reported as a violation. In fact, there are more than one case of Kim. This April this newspaper has published "Gold Valley source Jiuan unfinished How to" reach a settlement, the article is reported, Kim and another company (Jilin State Investment Co., Ltd.) litigation dispute. At the time, a close to Kim and the people of Jilin Connaught to the reporter complained: for Kim and Jilin Country Connaught lawsuit Matters, Kim since last year in the newspaper did not mention, this obviously suspected letter to wear the violation. "Things are not as simple as Kim said, after the two sides signed a settlement agreement, Kim only paid to the Jilin state Connaught 4.9 million yuan, then there is no later." The state of Jilin and Kim to discuss the settlement agreement several times, but no progress. Jilin State Connaught for this before the Spring Festival has applied for court seizure of Kim's official seal, I think the company on both sides of the proceedings are not the end of any disclosure, the letter is clearly violated. The complainant asserts. According to the complaint, the reporter has written to Kim, the company in the letter of reply that this to the normal operation of the company will not cause any impact, do not need to make a separate announcement disclosure. In respect of the company letter in the alleged violation of the complaint, Kim still insisted that no violation, "our company has in accordance with the SFC, the exchange requirements, the case has been disclosed, and in the previous periodic report also disclosed." There is no fault in my company. After the settlement agreement, the company paid 4.9 million yuan. After the second payment, according to the agreement, involves the underlying assetsRapeseed seeds of the inventory and handover confirmation, we found that there are still major flaws, related to the expiration of important documents due to the failure of the handover process can not be advanced. "There is no leakage of information on the SFC this week to punish Kim, the reporter interviewed Zhejiang Yufeng law firm Kingjian lawyer, the reporters said:" First trial, the second trial lost, retrial, the company has been to implement restrictions on high consumption after the disclosure, the " Mine ' buried for two years, poor how many shareholders in the dark of heavy losses. It is conceivable that the company's executives learned of this major lawsuit, in two years time, there is no leakage of insider information? is also worthy of attention. There is a clear possibility of using insider information to reduce losses. Prior to the publication of a major adverse judgment, the insider himself or hinted that relatives and friends sell stocks early to reduce losses. "Kingjian that if the amount is large, it is to assume the disclosure of insider information, insider trading criminal liability." In addition, Kingjian said that the Kim litigation amount of 99.71 million yuan accounted for the company's 2011 owner's rights and interests 78.92%, such a significant litigation situation is enough to affect investor decision-making, serious infringement of the legitimate rights and interests of investors, a total of 530,000 yuan fines is not enough to effectively punish its illegal, by contrast, The right of the injured investor to sue for damages is the absolute truth.