国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Americas

US SEC charges China-based company with fraud

Xinhua | Updated: 2013-06-21 09:33

WASHINGTON - The US Securities and Exchange Commission (SEC) on Thursday charged a China-based company and the Chief Executive officer (CEO) with fraudulently misleading investors about its financial condition.

The SEC alleged that China MediaExpress, a company providing television advertising services on buses, began falsely reporting significant increases in its business operations, financial condition and profits almost immediately upon becoming a US publicly-traded company in October 2009.

The SEC also said that the company falsely stated in public filings which the company's chairman and CEO Zheng Cheng signed and attested to their accuracy.

"China MediaExpress and Zheng falsely reported whopping increases in its cash balances and deceptively raised money from stock sales. Today's action demonstrates the Commission's commitment to policing financial fraud in the US markets," said Antonia Chion, Associate Director in the SEC's Division of Enforcement.

The SEC has filed fraud cases against more than 65 foreign issuers or executives and deregistered the securities of more than 50 companies, according to the SEC's Cross-Border Working Group that focuses on companies with substantial foreign operations that are publicly traded in the United States.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
梨树县| 喜德县| 珲春市| 嵩明县| 莒南县| 仙居县| 陇南市| 乐平市| 新化县| 永年县| 泗阳县| 永兴县| 元阳县| 桓仁| 木兰县| 微山县| 大理市| 晋中市| 博罗县| 施秉县| 深泽县| 天镇县| 大同市| 徐州市| 友谊县| 依兰县| 泰宁县| 柘荣县| 常熟市| 黑龙江省| 余姚市| 乌兰浩特市| 黄龙县| 禄丰县| 南郑县| 崇左市| 鹤壁市| 灌云县| 山西省| 伊宁市| 隆昌县|