LexisNexis® Legal Newsroom
Do Chinese Companies Give the PRC Government Different Financials than to the SEC?

Well, kind of, but. The latest Reverse Merger Report talks about the fact that short sellers have been focusing on alleged differences between filings by public Chinese companies with their government as compared to what is filed in the US with the SEC and made available to the public. Audit...

Are Short Sellers Fabricating the Accounting Fraud Allegations Involving U.S.-Listed Chinese Firms?

The wave of new securities class action lawsuits involving accounting scandals at U.S-listed Chinese firms is already a well-established phenomenon . But in the latest twist on the tale, Deer Consumer Products , one of the U.S.-listed Chinese companies most recently sued based on allegations of accounting...

SEC Settles with Two Named in a Short Selling Scheme

Periodically executives and regulators become concerned about short selling. During the recent market crisis, for example, the SEC placed limitations on selling the shares of financial institutions short. Although the directive was controversial, regulators in other country followed suit. As the...

At The SEC — A Focus on Short Selling

The SEC is focusing attention on trading illegal short selling, announcing twenty-three actions new actions centered on the prohibited trading practice. At the same time the Commission’s National Exam Program issued a Risk Alert on illegal short selling. Each of the actions announced is based...