Foshan Lighting was claimed by 515 shareholders

Foshan Lighting (000541) Yesterday, the notice has received the court Service in Guangzhou, 515 investors to the "securities false statement liability dispute" to launch a claim against it, the amount claimed amounted to 73.42 million yuan and 81,899 Hong Kong dollars. The case shareholder rights lawyer, Beijing surplus law firm Shili told the Yangzi Evening News reporter, the current court time has not been determined, in line with the requirements of the investors should seize the lawsuit. March 7, 2013, there was a "cash cow" said the listed company Foshan Lighting issued a notice that received the China Securities Regulatory Commission Guangdong authority issued a decision on administrative punishment, because the company has information disclosure violations, regulatory authorities decided to Foshan lighting, Chairman Zhongxincai and 6 other responsible executives fined, Warnings and other administrative punishments. After that, many shareholders commissioned a lawyer to sue Foshan lighting, claims for damages. Yesterday, Foshan Lighting finally issued a notice, said 515 investors to the securities false statement liability dispute, respectively, to the Guangzhou Intermediate People's Court to bring a lawsuit, the company for information disclosure violations bear civil liability. Securities activist lawyer Shili told reporters that in accordance with the relevant regulations, the injured investors have the right to claim the limitation of action for two years, that is, until March 7, 2015. The claim has only just begun for half a year, with more than 500 indicted shareholders and more investors expected to join the claims Army. and Foshan Lighting 2012 Annual report shows that the reporting period of Foshan lighting of the total number of shareholders more than 150,000 households. Foshan Lighting claims as a shareholder agent lawyer, Shili also in April this year, July, in two batches to the Guangzhou Central court to launch the claim lawsuit. As of now, counsel for the plaintiff has not yet received the court's hearing and the opening arrangements, and the defendant, Foshan lighting, also announced that "515 claims have entered the proceedings, but have not commenced trial." Therefore, the formal court time is still undecided. The third instalment of Shili attorneys ' representatives will submit the materials to the court at the end of September and early October. Information not yet ready for investors please be prepared. Shili, a potential buyer of Foshan lighting investors, is the investor who buys or shares a share in Foshan lighting between July 15, 2010 and July 6, 2012, and sells or continues to hold shares after July 6, 2012.