DeHeng Advised an NEEQ-Listed Company

on Fighting Back the Accusation of False Statements

2022-01-30

Recently a case in which an NEEQ-listed company was accused of false statements about securities was withdrawn by the plaintiff and was fully closed. This case was one of the few such cases against NEEQ-listed companies accepted by the Beijing Financial Court since its establishment. This case was accepted by Beijing Financial Court in May 2021.  

In this case, DeHeng lawyers represented the defendant of the NEEQ-listed company. They made full use of DeHeng’s professional advantages in non-litigation and litigation in the areas of securities, investment and financing as well as the expertise of external experts, conducted in-depth research and made careful preparations. With the support of external experts, they prepared the defense from the following aspects: the prosecution conditions were not met, there was no evidence to prove the existence of false statements by the defendant, and the plaintiff should bear the corresponding losses. After court sessions and several post-trial communications, the parties concerned finally made the plaintiff sell its shares to a third party and withdraw the lawsuit based on the principle of substantially resolving disputes.  

The DeHeng team was led by partner Sang Shidong, with primary support from partner Shi Xuefei and lawyer Zhang Mengqi. DeHeng lawyers focused on the client's business objectives and long-term interests, and used a combination of litigation and non-litigation means to resolve the disputes in a timely manner, safeguarding the client's interests and demonstrating DeHeng's comprehensive capabilities in resolving disputes in the capital market by using litigation and non-litigation methods.