|
|
|
Court: Star Chinese investor pleads guilty in stock case
Class Action Law Suits |
2016/12/06 11:03
|
A Chinese court says a star securities trader who was arrested following last year's stock market collapse has pleaded guilty to insider trading and manipulating share prices.
The court in the eastern city of Qingdao said in a statement Tuesday that Xu Xiang and two co-defendants pleaded guilty at the start of a trial but no verdict had been issued.
Xu was arrested in November after a rapid rise in Chinese share prices collapsed. Top executives of China's biggest state-owned securities firm also were arrested in a separate case.
The court statement said Xu and his co-defendants were accused of conspiring with executives of 13 companies from 2010 to 2015 to inflate their share price and then sell.
|
|
|
|
|
|
|
 |
Intellectual Property Law |
|
|
Legal Professional Business |
|
|
Medical Malpractice Issues |
|
|
Mergers & Acquisitions Matters |
|
|
Political and Legal Trends |
|
|
Venture Business Articles |
|
|
Careers in the Legal Sector |
|
|
Legal Outlook & Information |
|
|
|
|
| © www.timelegalnews.com. All rights reserved.
The content and articles provided on this website have been prepared by Time Legal News as an informational source and service to the legal internet community and is not to act or constitute as any type of legal advice or consultation with an actual licensed attorney or legal professional in any case or circumstance.Time Legal News blog posts and comments are available for educational purposes only and should not be used to determine or valuate a legal situation or matter. Affordable Law Firm Website Design
|
|
Time Legal News RSS Feed
