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The Ontario Securities Commission (OSC) has ordered the senior officers and directors of Sino-Forest Corporation to resign. The OSC has also stopped trading the company’s shares. The OSC believes Sino-Forest has misrepresented some of its revenue and/or exaggerated some of its timber holdings. Also, that Sino-Forest and certain of its officers and directors including Allen [...]
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Sino-Forest executives ordered to resign
Fri 26 Aug 2011 10:00:02 AM EDTThe Ontario Securities Commission (OSC) has ordered the senior officers and directors of Sino-Forest Corporation to resign. The OSC has also stopped trading the company’s shares. The OSC believes Sino-Forest has misrepresented some of its revenue and/or exaggerated some of its timber holdings. Also, that Sino-Forest and certain of its officers and directors including Allen [...]
Posted by ForestTalk.com
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