The plaintiff is an ordinary investor in the securities market, and the defendant is a listed company issuing A-shares. The plaintiff suffered substantial losses from purchasing shares issued by the defendant in 2016 and 2017, and therefore filed a claim for compensation. After being retained by the plaintiff, our lawyers investigated and found that some of the defendant's periodic reports for 2016 and 2017 contained false information and failed to disclose material information in a timely manner, constituting securities misrepresentation infringement. During the court hearing, evidence materials including the defendant company's semi-annual reports and the "Administrative Penalty Decision" were submitted. The Fuzhou Intermediate People's Court, based on the Securities Law and relevant judicial interpretations, comprehensively assessed whether the case involved multiple violations of information disclosure, the losses caused by the plaintiff's stock trading benchmark date and benchmark price, the causal relationship between the plaintiff's investment decisions and the alleged violations of information disclosure, and whether the plaintiff's claim was time-barred.

Through the court hearing, the court ultimately found the defendant guilty of securities misrepresentation. Our lawyers represented the plaintiff in this case, recovering more than 20 million yuan in economic losses and safeguarding the plaintiff's legitimate rights and interests.