Defendant Name:
China Intelligent Lighting and Electronics, Inc.
Defendant Type:
Public Company
SIC Code:
3674
CUSIP:
16890G202
Document Reference:
2011-127
Document Details
Legal Case Name
In the Matter of the Registration Statements of China Intelligent Lighting and Electronics, Inc.
Document Name
Stop Order Proceedings Instituted Against China Intelligent Lighting and Electronics, Inc., and China Century Dragon Media, Inc.
Document Date
13-Jun-2011
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On June 13, 2011, the SEC announced it instituted proceedings to determined whether stop orders should be issued to suspend the registration statements filed by China Intelligent Lighting and Electronics Inc. (CIL) and China Century Dragon Media Inc. (CDM). According to the SEC, CIL's independent auditor resigned March 24, 2011, due to accounting fraud at the company involving forged accounting records and bank statements.