FORBES MAGAZINE: In Rare Move, SEC Reverses Nasdaq’s Delisting Of Chinese Company

2013-08-02

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

2013-07-21

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 […]

Focus Media Holdings Successfully Exited the NASDAQ Stock Market In a Record $3.8 Billion Acquisition

2013-05-30

Focus Media Holdings Successfully Exited the NASDAQ Stock Market In a Record $3.8 Billion Acquisition In May 2013, China’s largest display advertising company Focus Media Holdings (Nasdaq: FMCN) has successfully exited the NASDAQ Stock Market in a $3.8 billion acquisition advised by JP Morgan. The buyout is the largest China based company in history that […]