Financier Benjamin Wey Exonerated in Victory, Hires Plaintiffs Lawyers Seeking $1 Billion in Damages
BENJAMIN WEY, an American financier and the CEO of private equity firm New York Global Group was exonerated of all charges in a landmark victory for citizens and businesses. On August 8, 2017, New York federal prosecutors dropped all allegations against Wall Street employer Benjamin Wey, who was falsely charged in 2015 for alleged securities law violations. This historic win created a new […]
Bogus SEC Fraud Charge Against Lawyer William Uchimoto Is A $30 Publicity Stunt
Is the SEC Fraud Charge Against Lawyer Bill Uchimoto A $30 Publicity Stunt, Asian Scalp? THE LATEST UPDATES: On March 27, 2017, a New York federal judge DISMISSED all SEC’s fabricated charges against American hero lawyer WILLIAM UCHIMOTO. The SEC regulatory rapists Derek Bentsen, Steven Susswein, Melissa Hodgman, Cheryl Crumpton were exposed as racists. On October […]
Chicago Stock Exchange Shatters Nasdaq Monopoly, Sold to Chinese
Chicago Stock Exchange Sold to Chinese Investors, Shatters Nasdaq Monopoly The Chicago Stock Exchange said a Chinese investor group agreed to acquire it, giving the buyer entry into the intensely competitive U.S. equity market. The strategic move shatters the monopoly by the Nasdaq Stock Market, headed by the notorious Nasdaq General Counsel Ed Knight. Chongqing Casin […]
2016: eLong Becomes Latest Chinese Company to Go Private, Dumped Nasdaq Listing
Nasdaq Listed eLong Becomes Latest Chinese Company to Go Private, Dumps the Nasdaq Listing In 2006, eLong has announced plans to delist from the Nasdaq. Cash deal values the company at $661 million Chinese mobile and online travel service provider eLong Inc. on Wednesday said it agreed to be taken private by its parent China E-dragon Holdings Ltd. […]
U.S.-Listed China Firms Dumped the NASDAQ, Hurry Home
HONG KONG—Chinese companies that listed in the U.S. in recent years are suffering a continuing bout of homesickness. Many such companies—particularly from the technology, media and telecoms sector—are looking to go private and then later relist back home, hoping to benefit from higher valuations despite the sharp fall in stock markets there this summer and […]
China Expert, Journalist Benjamin Wey Live TV Interview on CCTV-America
Journalist Benjamin Wey, China expert and Wall Street financier Live TV Interview on CCTV-America, discussing U.S. – China cross border investments. More about Benjamin Wey: http://benjaminwey.com/ More on Benjamin Wey’s blog: www.benjaminwey.net
Fraud Short Sellers Trigger Regulators’ Misunderstanding of Reverse Mergers
Worldwide Acceptance of Reverse Mergers The facts are clear and the conclusions are self-evident. 1) About 40% of all companies listed on the Australian Stock Exchange are reverse merger companies. 2) About 40% of all companies listed on the Canadian markets are reverse merger companies. 3) About 20% of all companies listed on the U.S. […]
Babson College: New York Global Group CEO China Expert Benjamin Wey Keynote Speaker at Babson Entrepreneurship Forum
At the invitation of Babson College, the No.1 ranked U.S. university by U.S. News & World Report in the study of entrepreneurship for the past 20 years, Benjamin Wey, the China expert, journalist, Wall Street financier and CEO of global private equity investment firm New York Global Group, was a keynote speaker at the 2013 […]
FORBES MAGAZINE: In Rare Move, SEC Reverses Nasdaq’s Delisting Of Chinese Company
In a landmark decision last month, the U.S. Securities and Exchange Commission reversed Nasdaq’s decision to delist a Chinese alternative energy company. The SEC determined that CleanTech Innovations had not intentionally withheld crucial information from Nasdaq. “[T]he record does not show that the specific grounds on which Nasdaq based its delisting decision exist in fact,” […]
Landmark Ruling: The SEC Accuses NASDAQ of Rigging its Listing Process in Cleantech Innovations VS. THE NASDAQ Stock Market
The Securities and Exchange Commission (Commission) has set aside a decision by The NASDAQ Stock Market, LLC delisting the common stock of CleanTech Innovations, Inc. from the NASDAQ Capital Market. NASDAQ based its delisting decision on its finding that CleanTech intentionally withheld documents requested by NASDAQ staff while the staff was considering CleanTech’s application to […]