Benjamin Wey Sues NASDAQ, Adena Friedman For Lying to FBI, Fraud

Benjamin Wey Sues NASDAQ, Adena Friedman, 14 Defendants For Lying to FBI, Fraud

2018-04-10

Adena Friedman, 13 Other NASDAQ Defendants Sued for Lying to FBI, fraud ADENA FRIEDMAN, the ostentatious NASDAQ CEO may soon have to find another dark closet to hide her pile of cash. What’s taken place inside the burning NASDAQ “dog house” under Adena Friedman’s watch is just plain corporate greed that invites puking, according to […]

BENJAMIN WEY, wall street financier, CEO, journalist, New York Global Group

Financier Benjamin Wey Exonerated in Victory, Hires Plaintiffs Lawyers Seeking $1 Billion in Damages

2017-08-15

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 […]

Chicago Stock Exchange Shatters Nasdaq Monopoly, Sold to Chinese

2016-02-11

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

2016-02-05

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. […]

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,” […]

Focus Media Holdings Abandons the NASDAQ Stock Market Amid Regulatory Abuses at the NASDAQ

2013-05-31

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 has abandoned the NASDAQ Stock Market. Focus Media Holdings is an investment portfolio company of global investment firm […]

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 […]

NASDAQ Sued for Racism and Discrimination

2012-01-18

NASDAQ Stock Market Sued for Racism and Discrimination, CleanTech Innovations, Inc. Exonerated NEW YORK, Jan. 18, 2012 /PRNewswire/ — CleanTech Innovations, Inc. (OTCQB: CTEK, “CleanTech”), a U.S. company and manufacturer of wind towers and other industrial products serving the renewable energy industry, announced that it has filed an amended complaint in the United States District Court […]

Foreign researchers wreak havoc by illegally short selling Chinese stocks

2011-12-01

An increasing number of Chinese stocks have been shorted by foreign research firms, shaking the foundation of Chinese stock markets and causing the shares of several major companies to plunge. Researcher Muddy Waters has continued to hold short positions on advertising firm Focus Media, while investors sold stocks in Sina, a long-established internet portal, as […]

After the Gold Rush, Then what? Finance Expert Benjamin Wey predicts

2011-02-01

It’s official: China has confounded the pessimists. Instead of fizzling out in a hot-money-fueled meltdown, China’s economy could be about to enjoy the holy grail of all economic managers: the Goldilocks scenario. A broad range of industries is set to benefit from the country’s growing economic maturity, but none more so than its banks. Chinese […]