The Foshan Lighting Securities misrepresentation case may be resolved within the year

Lawyers Song Yixin and Li Jian both told reporters that according to the penalty decision of the China Securities Regulatory Commission, it is sufficient to confirm that Foshan Lighting has committed multiple information disclosure violations, and the multiple information disclosure violations overlap in time. Therefore, there are multiple false statements in this case. On July 15, 2010, the plaintiff was harmed by the defendant's seven false statements and suffered losses. Therefore, he claimed that the date when the earliest illegal act occurred (i.e., the date of the release of the "Announcement on Increasing Investment in Qinghai Fozhao Lithium Energy Development Co., Ltd." on July 15, 2010) was the day when the false statements were made. Since the seven false statements were publicly exposed on July 6, 2012, the date of the "Announcement on Receipt of the Decision on Administrative Supervision Measures from the Guangdong Securities Regulatory Bureau", the plaintiff claimed that July 6, 2012, should be the date of disclosure.