FSL filed a false appeal case will be the second instance

Due to accept the Securities Misrepresentation liability dispute case, the absence of the verdict of the FSL (000541) and the 7 Appellants appeal, December 3rd evening announcement said the company received the Guangzhou intermediate people's court "receipt", "civil petition" legal documents, the case will enter the second instance.

According to the announcement, the 7 Appellants request revocation of Guangzhou City Intermediate People's Court (2013) No. fifth, the golden spike of Sino French civil judgment, the compensation requirements of FSL 1 million 524 thousand and 300 yuan, and the burden of a second instance of litigation costs. FSL also refused to comply with the above decision, has filed an appeal according to law.

According to reports, FSL due to false statements of Securities Liability dispute was indicted, in November 15th received the Guangzhou intermediate people's court verdict, in these 930 cases, the plaintiff was asked to compensate a total of 59 million 310 thousand and 200 yuan. However, according to the disclosure of online media, the Guangzhou intermediate people's court has been sentenced in November 14th, and FSL and the attorney has not received notice of the court to participate in the hearing. The company said the loss of the proceedings involved in the announcement will constitute a significant impact on the current profit.

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