SFIPC now taking applications from investors seeking compensation via class-action lawsuit in Chipbond-IST insider trading case involving defendants C

From November to December 2009, defendants Cheng Ming-shan and Chang Feng-ling conducted insider trading of the shares of Chipbond Technology Corporation (abbreviated as Chipbond, stock code: 6147) and International Semiconductor Technology Ltd. (abbreviated as IST, stock code: 3063). Cheng and Chang knew beforehand about a merger between Chipbond and IST and, prior to the announcement of the deal, purchased shares of Chipbond and IST to pocket illegal gains, in violation of the Securities and Exchange Act. Both were convicted by the Hsinchu District Court.

The Securities and Futures Investors Protection Center (abbreviated as SFIPC) is now taking applications from goodwill investors who seek compensation in the case and will file a compensatory civil lawsuit on their behalf. Those meeting eligibility requirements should gather all documents, fill out the forms and send them to the SFIPC by Feb. 4, 2013, as shown on the postmark. Please check the Center’s website at http://www.sfipc.org.tw for further information or call us at (02)2712-8899.

※ Eligibility requirements:

1. Those who sold Chipbond shares and suffered losses on any of the following six trading days: Nov. 19, 20, 23, 24, 27 and 30, 2009.

2. Those who sold IST shares and suffered losses on any of the following nine trading days: Nov. 17, 18, 19, 20, 27, and 30 and Dec. 2, 3 and 9, 2009.

3. Investors who conducted same-day margin trading to sell their holdings shall not be compensated.

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Update Date：2015/12/04 08:50