Investor Compensation Guide: Clarifying Civil Compensation for False Statements in the Securities Market

Author: Tang Xin, Editor-in-Chief
Publisher:
Publish Date: 2003-04-01
Features: Suing listed companies, securities firms, and other parties who engage in false statements to claim civil compensation is the last resort for deceived investors. The issuance of the new judicial interpretation by the Supreme People's Court on adjudicating civil compensation cases for false statements in the securities market has enabled a broad range of investors to use legal weapons to take false-statement-making listed companies and other responsible parties to court to recover their losses. Since civil compensation cases for false statements are a new type of case that Chinese courts have just begun to accept, they involve highly complex legal issues and strong professionalism. Investors may suffer complete defeat in compensation lawsuits due to a single misstep. To address this, this book comprehensively answers the difficult questions in civil compensation lawsuits for false statements and elaborates in detail on how to understand and apply the relevant judicial interpretations by the Supreme People's Court, enabling investors to quickly grasp the essence of the legal provisions and smoothly carry out their rights protection and compensation claims.