SFIPC now taking applications from investors seeking compensation in CyberPower stock price manipulation case

(Taipei) Chou Ting, Tao Huan, and three others allegedly manipulated the price of the shares issued by CyberPower Systems, Inc. in 2011, in violation of the Securities and Exchange Act. The Taipei District prosecutors office has filed a lawsuit, which is being handled by the Taipei 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 Oct. 1, 2012 (as shown in postmark). Please check the Center’s website at http://www.sfipc.org.tw for further information or call us at (02)2712-8899.

Based on the prosecutor’s indictment, defendants Chou Ting, Tao Huan, and three others suspiciously manipulated the prices of Cyber Power shares, in violation of market fairness and investors’ interest.

※ Eligibility requirements:

Those who purchased CyberPower shares (including margin trading for stock replenishment) on March 4 (inclusive) -Aug. 10, 2011 (inclusive) and still suffer losses after deducting the earnings from selling CyberPower shares during the above-mentioned period.

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Update Date：2015/12/04 08:50