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

Chang Tao and others allegedly manipulated the price of the shares issued by Astral Epoch International Corporation (abbreviated as Astral Epoch, stock code: 8082, formerly known as Pro Nets Technology Corporation) during 2009, 2010, and 2011, in violation of the Securities and Exchange Act. After the case was presented for prosecution by the Taipei District Prosecutors Office, it is now being handled by the Taipei District Court. To protect the rights and interests of investors based on the facts stated in prosecutor's indictment and laws related to this case, 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 Nov. 30, 2012 (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.

      According to the indictment by the Taipei District Prosecutor Office, defendants Chang Tao and others are suspected of manipulating the price of Astral Epoch shares in 2009, 2010, and 2011, thereby affecting the fairness of securities transactions and the rights of those who trade shares of the company.

Eligibility requirements:

Those who purchased Astral Epoch shares (including margin trading for

stock replenishment) during the three periods: July 24, 2009 (inclusive) -Oct. 26, 2009 (inclusive); July 16, 2010 (inclusive) -Oct. 8, 2010 (inclusive); Feb. 21, 2011 (inclusive) -April 12, 2011 (inclusive), and still suffer losses after selling their holdings of Astral Epoch shares during the above-mentioned periods.

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Update Date:2015/12/04 08:50