Dadonghai 000613 shareholders have won the lawsuit and the claim continues

Mondo Tourism Updated on 2024-01-31

Hainan Dadonghai Tourism Center Co., Ltd. *** Donghai A retreated, 000613) Since the case was filed for investigation, the injured investors began to initiate a claim lawsuit. The Haikou Intermediate People's Court has made a judgment of first instance that Dadonghai (Donghai A Retreat, 000613) should compensate the plaintiff investor for losses including stamp duty, commission, investment difference, etc.

The case originated on June 29, 2022, and Dadonghai was investigated by the China Securities Regulatory Commission. It has been found that some of the periodic reports of Dadonghai (Donghai A retreat, 000613) in 2021 contain false records. The company and the relevant responsible personnel were given warnings by the China Securities Regulatory Commission and fined different amounts.

Not long ago, a judgment has been rendered in the lawsuit against investors in Dadonghai (Donghai A retreat, 000613). The Haikou Intermediate People's Court found that the misrepresentation of Dadonghai (Donghai A retreat, 000613) was material, and that there was a causal relationship between the plaintiff's investment losses and the above-mentioned misrepresentation. The plaintiff should be compensated for part of the losses, and the investor won the lawsuit.

According to the provisions of the ** Law and the relevant judicial interpretations of the Supreme Court, the case is still within the statute of limitations. Based on the current situation, the claim conditions of Dadonghai (Donghai A, 000613) are: damaged investors who purchased Dadonghai (Donghai A, 000613) between August 23, 2021 and April 25, 2022** and after April 26, 2022** or still own the **.

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