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Short-seller Carson Block prevailing against NQ Mobil
He said in an interview with Bloomberg Television the next day that the company will end up like Sino- Forest Corp., the Toronto-listed Chinese plantation operator that filed for bankruptcy protection in 2012 after Muddy Waters claimed that it ...
Audit firm regulator says it can't vouch for work outside Canada
CPAB has had a particular focus on foreign audit work since an accounting scandal erupted in 2011 involving Chinese-based forestry firm Sino-Forest Corp., which was listed on the Toronto Stock Exchange. Following a critical analyst report, regulators ...
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5 things that should keep investors awake at night
Sino-Forest Corp. is a more recent fraud that cost Canadian investors $3-billion in 2011. So far, no one has been convicted in either case.
NQ Mobile Plunges After Earnings Miss Estimates: China Overnight
He said in an interview with Bloomberg Television the next day that the company will end up like Sino-Forest Corp., the Toronto-listed Chinese plantation operator that filed for bankruptcy protection in 2012 after Muddy Waters claimed that it ...
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Short-Seller Block Prevailing Anew on NQ Mobile (Correct)
He said in an interview with Bloomberg Television the next day that the company will end up like Sino-Forest Corp., the Toronto-listed Chinese plantation operator that filed for bankruptcy protection in 2012 after Muddy Waters claimed that it ...
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NQ Mobile Calls Selloff 'Ridiculous' as It Buys Shares (Correct)
Block shot to fame in 2011 after his accusation that Sino-Forest Corp., a Chinese plantation company listed in Canada, was a fraud led to the company's bankruptcy.
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China Dot-Coms Rush to US as Buyers Shrug Off Murky Structures
Chinese companies refrained from tapping the U.S. markets in the second half of 2011 after short sellers such as Muddy Waters Research LLC, founded by Carson Block, accused companies including Sino-Forest Corp. of misstating assets. Last October ...
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A defense of occasional slow disclosure
But first in the line of fire is Carson Block of Muddy Waters, who targeted among others two companies, Sino Forest and Rino International.
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Mallinckrodt to Buy Questcor: 5 Deals That Blew Up the Short-Sellers
The firm's most notable call was an allegation of fraud against Sinoforest that proved canny when the company declared bankruptcy in 2012.
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The Morning Ledger: Fed Kills Citigroup's Dividend Plan
The same day, 16 other banks, including J.P. Morgan Chase & Co. and Bank of America Corp., announced dividends worth $22.8 billion, a 23% increase over last year, according to data from Thomson Reuters.
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