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两单特别代表人诉讼案正式启动,涉美尚生态、金通灵
证券时报·2024-12-31 15:40

Core Viewpoint - The initiation of special representative litigation for the securities fraud cases involving Meishang Ecological and Jintongling marks a significant step in investor protection and legal recourse in China [21]. Group 1: Legal Proceedings - The Shenzhen Intermediate People's Court and Nanjing Intermediate People's Court have announced the commencement of special representative litigation procedures for the cases of Meishang Ecological and Jintongling [1][2]. - The courts will apply the special representative litigation process as stipulated in the Securities Law and relevant regulations [2][4]. - The investor service center has accepted special authorizations from 60 rights holders to represent them in the litigation against Meishang Ecological and Jintongling [12][21]. Group 2: Investor Participation - Investors who wish to participate in the special representative litigation must meet specific criteria, including having purchased shares within designated time frames [7][25]. - Investors who do not wish to join the special representative litigation can submit a declaration to withdraw within a specified period [26]. - The principle of "implied joining, explicit withdrawal" applies, meaning investors who do not declare their withdrawal are considered to agree to participate [5]. Group 3: Historical Context - The special representative litigation system has been successfully implemented in previous cases, such as the Kangmei Pharmaceutical case, which resulted in significant compensation for investors [8][17]. - The recent case involving Zeda Yisheng concluded with a mediation that compensated 7,195 eligible investors with 285 million yuan, marking a milestone in collective litigation in China's securities market [18].