138 DSME shareholders, filing the 4th lawsuit for accounting fraud
On April 29, 2016, 138 minority shareholders of DSME (Daewoo Shipbuilding and Marine Engineering) filed a suit asking about 8.1 billion won for damages against DSME and its auditor Anjin accounting firm. These plaintiffs are DSME investors who purchased its stocks from March 31, 2014, the disclosure date of 2013 annual report of DSME.
Previously, Hannuri Law, on behalf of 181 DSME investors, filed three rounds of lawsuits asking about 7.4 billion won for damages against the same defendants. Including a previously-filed lawsuit represented by Jung Jin, a law-firm participated in the same case, this is the fifth lawsuit raised by DSME investors.
As inquires from victims of this accounting frauds scandal keep going, follow-up suits by Hannuri law will continue at intervals of two months.
Hannuri Law Office : Founded on August 2000, Hannuri is one of the true Plaintiff law firm specialized in complex securities litigation related to accounting fraud, audit failure, mis-representation of registration statements or market manipulation representing investors. As the lead counsel in various cases including Daewoo Electronics accounting fraud and audit failure case, Kolon TNS accounting fraud case, Neosemitech accounting fraud and audit failure case, Sesil accounting fraud and audit failure case, Hyundai Electronics market manipulation case, Hyundai Investment Trust public offering mis-representation case, H&T market manipulation case, Gloworks market manipulation case, C-Mothec public offering mis-representation case, GS E&C securities-related class action and ELS market manipulation cases, Hannuri has actively participated in securities-related actions.
Inquiries : Sung Hoon Kim(82-2-537-9503, firstname.lastname@example.org)