On October 26, 2012, counsel submitted to the OSC that the General Cease Trade Order should be extended, and counsel for Sino-Forest consented to the extension of the General Cease Trade Order until January 21, 2013.
The OSC’s investigation into Sino-Forest is ongoing.
The regulator has accused the company and several former executives of lying to investors and attempting to mislead investigators.
The allegations have not been proven in court.
Read: Sino-Forest founder exits
Read: Shielding portfolios against next Sino-Forest
Read: Sino Forest: Report is “sloppy” research
Originally published on Advisor.ca
