BNN reports on Ontario Securities Commission’s ruling on SinoForest. In a nearly 300-page report, OSC said the company and several of its top executives defrauded investors and misled investigators and “engaged in deceitful or dishonest conduct”. Watch the coverage on BNN here.… more
Read more on the story here. Download a copy of the official complaint here.… more
Big news today from E&Y - they have resigned as auditor for Sino-Forest. Read the full article in WSJ at the following link: http://online.wsj.com/article/SB10001424052702303302504577325491710272850.html… more
Carson Block discusses the deep troubles at Sino-Forest with Daniel Bases of Reuters. To read the full article, click on the following link: http://www.reuters.com/article/2012/04/03/us-china-sinoforest-block-idUSBRE83202N20120403 … more
Muddy Waters Research founder Carson Block interviewed on Bloomberg "Inside Track" with Erik Schatzker speaking on March 30 announcement of Sino-Forest's decision to file for bankruptcy protection. To watch today's coverage on BloombergTV, click on the links below: http://www.bloomberg.com/vid… more
Click here to read the full article.… more
Great article by Floyd Norris of the NYTimes discussing how it's largely up to the auditing industry to make some major changes in how audits are performed and to improve chances of spotting fraud. You can read the full article by clicking here.… more
Muddy Waters Carson Block was interviewed on June 7th, 2011 by Hong Kong-based correspondent from Bloomberg. Click here to watch the interview on Bloomberg TV.… more