Tuesday, December 14, 2010

Recommended shares of the company making money bull market twice a day when the defendant.

Experts recommend the city <P> shares Anzuo first sentence: no qualification to engage in securities services, the return of 50,000 shares, according to Xin http:// hearing, "5 million into the members to exchange only a software CD, .They also vowed that the stock can be recommended by the analyst to guide the stock, to ensure that 30% of profits, these services have not. "Wu later found that this stock to Xin Investment Management Co., Ltd. is not qualified securities investment advisory services, thus requiring .return of 5 million. .Yesterday morning, the Pudong New District Court ruling in court the city's first "experts recommended stocks" case, "shares to Xin" 5 million should be refunded, but Ms. Wu for stock investment, insufficient awareness of risk prevention, there is .fault, therefore bear the litigation costs of 30%. .</ P> <P> to pay 5 million to get a CD case only one </ P> <P> Plaintiff: Ms Ng Results: "shares to Xin," full return of 5 million, Wu bear 30% of the proceedings .charges in July 2006, Ms. Wu became a member of the company shares to Xin, "they will personally inform the stock market, ensure the profitability of 30%, but 5 million to pay membership fees." .In Wu's request, "shares to Xin" in the contract, personally guided by the members of stock analysts. .The same day, Wu paid the deposit of 5,000 yuan. .The next morning, Ms. Wu to go to the hospital, who knows the company's shares to Xin and other employees have early in the hospital door. ."I paid 4.5 million, only to get a CD. Later, he wrote on the invoice: software service fee." Aug. 2006, analysts recommended shares to Xin left the company, there is no .Wu directed. ."I immediately ask for a refund, but refused." Wu investigated to know, simply do not share to Xin qualification. .Wu now own stocks, but a lot of profit. ."I not only make it up to 5 million loss, but also profit more than 150%." Stocks to Xin companies have the view that the original agreement is to buy software stocks, rather than the recommended stocks. ."The company's business is computer software development, content development is the stock market trend." However, the court concluded that court deliberations, Ms. Wu signed the agreement seeks to Xin company through shares on the stock market analysis, investment in securities .advisory services, trading stocks from investment income; shares to Xin company seeks to provide by Miss Xiang Wu securities investment advisory services for a fee. .Thus, both real securities investment advisory services for the contractual relationship. .However, Xin company shares to the competent authority has not been, but engaged in securities services, in violation of the "Securities Act" condition, the "agreement" should be invalid. .Xin company shares to 5 million should be charged full refund. .However, the Court pointed out that Wu before signing the contract, check on the other side is fully engaged in securities investment consulting business qualification, while not entirely Wu audit obligations, 30% of the burden of litigation costs. .</ P> <P>.

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