We can categorically say Sino-Forest is not the near total fraud and Ponzi scheme as alleged by Muddy Waters, Judson Martin, Sino-Forest chief executive officer, said in the statement. This has been an intense and challenging process and I am pleased that the independent committee has been ab
Date: Nov 15, 2011
Category: Business
Source: Google
Sino-Forest Suspension, CEO Resignation Underscore OSC 'Urgency'
CEO Allen Chan, who co-founded Sino-Forest in 1992, voluntarily resigned yesterday. William Ardell, the lead director of an independent committee reviewing the allegations, has been named chairman, while vice chairman Judson Martin will be CEO, the company said in a statement. Sino-Forest has also p
In its release Sunday, Sino-Forest said William Ardell, the lead director investigating the fraud allegations, has been named chairman of the company. Judson Martin, currently vice chairman, will become the new CEO.
Date: Aug 29, 2011
Category: Business
Source: Google
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