Luoping zinc and power company reported huge losses in the third quarter and was claimed by investors

Luo Ping zinc power (002114) recently released a performance forecast for the third quarter of 2020, saying that it is expected that the net profit loss attributable to shareholders of Listed Companies in the first three quarters will be 98.5 million yuan – 113 million yuan, from profit to loss on a year-on-year basis. What is more serious is that the company pretends to rectify and perfunctorily rectify the environmental protection problems of “treating the head with headache and treating the foot with pain”. Since being named and criticized by the Ministry of ecology and environment in June 2018, the stock price performance has obviously lagged behind the market, causing many investors to protect their rights. According to securities lawyers who represent investors to protect their rights, Kunming intermediate people’s court has decided to win the case of Luoping zinc electric company’s false statement. According to the conditions determined by the court, any investor who bought Luoping zinc electric stock from May 5, 2016 to June 20, 2018, after June 21, 2018, whether or not to sell, can still consult a lawyer through wechat falv365 or file a lawsuit to the court. < p > < p > Luoping zinc power disclosed in the previous announcement. In the “decision on administrative punishment”, the CSRC confirmed that Luoping zinc power failed to disclose the rectification and disposal of 100000 tons of lead containing slag according to law; failed to disclose the situation of subsidiary’s administrative punishment according to law, which violated Article 613 of the securities law. The information disclosed by listed companies must be true, accurate and complete without false records After the occurrence of major events that contain, mislead statements or major omissions, as well as Article 67 that have a significant impact on the stock trading price, the listed company shall submit an interim report and make an announcement, and punish Luoping zinc power and its relevant responsible persons in accordance with the law. < p > < p > Kunming intermediate people’s court has accepted 176 cases of investor’s liability for false statement of Luoping zinc electric securities, with a total amount of nearly 21.4 million yuan, of which 76 cases have been tried in court. After hearing, the court found that the illegal information disclosure of Luoping zinc Electric Co., Ltd. constitutes a false statement and has causal relationship with the loss of investors. At present, six investors have won the lawsuit. < / P > < p > Disclaimer: the purpose of this article reprinted by finance and economics is to convey more information and does not represent the views and positions of the website. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks. < p > < p > Chinanet is a national key news website under the leadership of the Information Office of the State Council and managed by China foreign language publishing and Distribution Bureau. Through 11 versions in 10 languages, the website releases information 24 hours a day, which is an important window for China to carry out international communication and information exchange.