According to Information Times reported that, for FSL false statements, in November last year, the Guangzhou intermediate people's court has made the first instance verdict, the result is investors won. However, FSL said, refused to accept, and said it would appeal to the Guangdong high court. The reporter from the well-known securities lawyer and director of Guangdong Ben Ben Law Firm lawyer Liu Guohua was informed that the second instance will be on the morning of April 9th in the Guangdong high court hearing.
Second trial will be held on April 9th
In September 17, 2013, January 7, 2014 and March 14, 2014, FSL received a notice to the Guangzhou intermediate people's court, the plaintiff a total of 1303 people in Securities Misrepresentation liability disputes on the grounds of the listed company filed a civil lawsuit.
Last November 15th, the Guangzhou intermediate people's Court on the case of the first instance verdict. Subsequently, FSL received the Guangzhou intermediate people's Court of first instance verdict, was asked to compensate the plaintiff for a total of 59 million 310 thousand yuan. However, at that time, FSL publicly responded that: the company refused to accept the verdict, the law will appeal to the higher people's Court of Guangdong province. "
Reporters learned yesterday from the Liu Guohua lawyer, the second trial will be held at 9:30 on April 9th at the Guangdong high court hearing. FSL has been sentenced to appeal to the Guangdong high court, a small number of plaintiffs also filed an appeal. I think the second instance upheld the possibility of a larger. Liu Guohua told reporters that.
There are two investors filed a lawsuit
For FSL, if the appeal is not successful, will face greater damages. Previously, some analysts believe that FSL case is the largest shareholder rights in recent years, the amount of claims is expected to exceed 100 million yuan.
In addition, in November last year, the Guangzhou intermediate people's Court of first instance verdict has attracted some new investors appeal. In January 17th this year, in March 17th, FSL has announced a new increase in litigation matters, there are two batches involving a total of 976 investors are also asking the company to pay a false statement case, civil liability, claims the amount of more than 100 million yuan. Currently these new investors are also waiting for the Guangzhou intermediate people's court hearing.
Liu Guohua said that if the Guangdong high court dismissed the appeal of the trial of the second instance, the results of the new appeal to investors in favor of FSL.
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