2004 Stock Rights Confirmation Dispute Case for Stocks Under Fund Accounts

📅 2018-07-10 📂 Civil and Commercial Litigation Civil and Commercial Litigation [2] 🏷️ #Subordinate Stock Accounts #Stock Rights Confirmation Dispute Case #Fund Account

[3] A Wuhan-based trade development company opened a fund account at a securities business department in Shenzhen and linked ten stock accounts opened under others' IDs to this fund account for stock trading. Later, someone impersonated the company to transfer the subordinate stock accounts and privately disposed of the stocks for profit, triggering a highly complex dispute involving the actual holders, nominal holders, the securities business department, and the embezzler over stock rights confirmation and the determination and assumption of tort liability. Thanks to the outstanding representation of Attorney Wang Tengfeng, the intricate case was clarified, effectively safeguarding the legitimate rights and interests of the parties involved.

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