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RecentlySafariSpinZhang Xiangbing, a lawyer from Jiangsu Boaixing Law firm, which has acted as an agent for many major cases, specially reminded that the countdown to the Shagang share (rights protection) stock claim case! My agent Shagang shares of the first stock claim case for many times of evidence exchange, reminding the latest claim conditions, damaged shareholders to sue.

On July 13, 2022, Shagang shares announced that the company had received the China Securities Regulatory Commission's Administrative penalty decision ((2022) No. 33) transferred by the controlling shareholder Shagang Group.

It has been found out that Shagang Group, Jinlin Fengtai, Sun Lianjie, etc., have the following illegal facts: first, Jinlin Fengtai borrowed the "Sun Lianjian" securities account, and Sun Lianjian lent his securities account for Jinlin Fengtai's use; second, Shagang Group and Jinlin Fengtai violated the law in information disclosure. (1) Shagang Group conceals its concerted action relationship with Jinlin Fengtai; (2) there are false records in Shagang's 2019 annual report; (3) Shagang Group's shareholding ratio is reduced by 1% without timely announcement of listed companies; (4) Shagang's 2020 annual report has false records. The China Securities Regulatory Commission decided to impose administrative penalties on Shagang Group, Jinlin Fengtai and related responsible personnel.

Lawyer Zhang Xiangbing believes that the Supreme people's Court's judicial interpretation stipulates that if an information disclosure obligor violates the provisions of laws, administrative regulations, rules and regulatory documents on information disclosure, and constitutes a false statement, the damaged investor may sue for the actual losses incurred in accordance with the law, including the investment difference loss, the commission of the investment difference loss and stamp duty.

The deadline for limitation of action in the Shagang stock claim case is November 2, 2024, and the damaged investors must pay close attention to the lawsuit. If you sue after the limitation of action expires, the investor will lose the right to win the lawsuit.

At present, lawyer Zhang Xiangbing is acting on behalf of Shagang shares damaged investors claim litigation, jurisdiction over the court Suzhou Intermediate people's Court. The conditions of claim are as follows:

Damaged investors who bought Shagang shares between July 1, 2020 and November 2, 2021 and still held the shares at the close of trading on November 2, 2021 can sue for losses.

Investors who meet the claim requirements can contact the Zhang Xiangbing lawyer team of Jiangsu Boaixing Law firm, and provide the following documents: a copy of the ID card, a securities account inquiry confirmation form with the seal of the business department of the securities company, and the original stock transaction statement (since the first purchase of the stock), contact details.

Lawyer Zhang Xiangbing stated:

The final terms of claim shall be determined by the court.

(this article is contributed by Zhang Xiangbing, a lawyer from Jiangsu Boaixing Law firm, and does not represent Sina's financial position. Lawyer Zhang Xiangbing, lawyer for securities rights. Graduated from Southwest University of political Science and Law with Master of Law in Civil and Commercial Law. Good at acting securities litigation, financial rights protection cases, has many years of investor rights protection litigation experience. He has successfully represented or is acting for hundreds of investor rights protection cases, and has represented a number of cases of great social impact and landmark significance. The case of investor v. Suoling shares (safeguarding rights) and Dong Jiangao was selected as one of the top ten typical cases of securities misrepresentation liability dispute of Shenzhen Intermediate people's Court, and the civil case of "Raw Oil Bao" of Bank of China was selected as the top ten commercial cases of national courts in 2020.