Recent developments have emerged in the securities misrepresentation lawsuit against Caissa Tosun Development Co.,Ltd. (hereinafter referred to as "Caissa Tosun Development" or "the Company"). Some investors represented in the case have achieved first-instance victory. The case remains within the statute of limitations, and other affected investors may still join the compensation claim.
Legal professionals indicate that investors who purchased shares between January 8, 2020, and September 4, 2023, and held positions during this period, regardless of whether they sold after September 5, 2023, may be eligible to register for compensation claims.
According to the case background, on September 28, 2024, Caissa Tosun Development (000796) announced that the company and related responsible parties had received an Administrative Penalty Decision (No. [2024] 3) from the Hainan Securities Regulatory Bureau of the China Securities Regulatory Commission. The document identified the company's involvement in the following violations: First, failure to timely disclose non-operating capital occupation by related parties; Second, significant omissions in relevant periodic reports; Third, significant omissions in periodic reports related to the "17 Caissa 03" bonds.
Legal analysis suggests that investors who purchased shares between January 8, 2020, and September 4, 2023, and held positions during this period, regardless of whether they sold after September 5, 2023, may initiate compensation registration.
The compensation team reminds that since the Caissa Tosun Development compensation case has seen first-instance victories, affected investors may register for compensation claims.
Eligibility Conditions: Caissa Tosun Development: Purchased shares between January 8, 2020, and September 4, 2023, and held positions during this period, regardless of whether sold after September 5, 2023.
(Specific compensation scope to be determined by the court)
Comments