On May 5 afternoon, shanghai finance court to accuser Pan some waits appeal to Inc. of group of science and technology of the accused Founder (company of science and technology of Founder of the following abbreviation) negotiable securities states liability issue phonily one case undertakes publicity adjudging. This case is first countrywide negotiable securities demonstrative case of group sex dispute. After become effective of demonstrative court decision, the fact of the applicable to both or all that maintains in the case and law are applicable the standard has outspread effectiveness to parallel case.
Case of series of Founder science and technology is the scale that since Shanghai finance court holds water, accepts case of the biggest dispute of sex of negotiable securities group.
In May 2017, inspect meets Chinese card make administration punish to company of Founder science and technology, company of cognizance Founder science and technology is in 2004 to 2015 each period significant correlation was not announced to trade in annals item. Investor of on this series case 1000 accuser is aimed at " administration punishs a book " in maintain violate compasses behavior to ask company of Founder science and technology assumes civil liability to pay compensation.
On March 21, 2019, shanghai finance court makes public open a court session to hear the demonstrative case of case of series of Founder science and technology, former defendant both sides chairs next false statement to attach most importance to big sex to maintain all right in the court, causal whether method of calculation of existence, loss and whether to need to deduct the other factor such as risk of security market system the problem such as the influence launchs intense debate, with respect to investor loss check and ratify still introduced tripartite major to assist supportive mechanism in front courtyard careful.
Shanghai finance court makes first instance adjudicate after classics cognizance, negotiable securities of presence of company of cognizance Founder science and technology states behavior to need to assume civil responsibility phonily, the executive day of false statement is on March 19, 2005, disclose day to be on November 20, 2015, fiducial day is on January 5, 2016. Investor arrives in executive day disclose day buys a share and hold comes disclose day to get finally losing, illative as causal as existence of false statement action, can win compensation, the loss of partial investor or partial loss department suffer be caused by of element of security market risk, should grant to deduct.
Maintain in the loss on, adjudicate the opinion of loss check and ratify in the card in adopting, the shift after be being bought effectively with brushstroke increases advantageous position average standard computation is bought all valence and investment balance, will all valence and index of the corresponding period all are worth the method that has synchronous contrast to deduct element of security market risk. The court adjudicates the partial claim for compensation that bears 4 accuser investor finally requests, obtain an investor with most compensate to obtain compensate amount to amount to more than yuan 180 thousand.
After adjudging, former defendant agent expresses on the court, this case sets an example after adjudicating become effective, agree to settle dispute in order to mediate means according to the juridical standard of demonstrative judgment establishment.