Defendant Name: Fuqi International, Inc.

Defendant Type: Public Company

Document Reference: court_doc10_13-cv-00995

Document Details

Legal Case Name SEC v. Fuqi International, Inc. and Yu Kwai Chong
Document Name Final Judgment as to Defendant Fuqi International, Inc.
Document Date 07-Aug-2013
Document Format Civil Proceeding
Case Number 13-cv-00995
Federal District Court District of Columbia, District of Columbia
Federal District Judge Rudolph Contreras
Allegation Type Issuer Reporting and Disclosure
Document Summary On August 6, 2013, Federal District Judge Rudolph Contreras entered final judgment against Fuqi International, Inc. pursuant to the consent of Fuqi International, Inc.

Disgorgement & Penalty Information

Resolutions
Enjoinment
Monetary Penalties:

Civil Penalty

Individual:     $1,000,000.00 Shared:    

Related Documents:

comp22739 01-Jul-2013 Complaint
Complaint
On July 1, 2013, the SEC filed a complaint alleging that "a China-based jewelry company, Fuqi International, Inc. and its Chairman of Board and former CEO and President Yu Kwai Chong fraudulently failed to disclose over 50 cash transfers totaling approximately $134 million to purportedly unknown third parties."
LR-22739 01-Jul-2013 Litigation Release
SEC Files Fraud Charges Against Fuqi International, Inc. and Its Chairman and Former CEO and President Yu Kwai Chong
On July 1, 2013 the SEC announced that "the filing of fraud charges against Fuqi International, Inc., a China-based jewelry company, and its Chairman of the Board of Directors and former CEO and President, Yu Kwai Chong. Fuqi and Chong have agreed to settle the SEC's claims against them. The SEC alleged that Fuqi and Chong failed to disclose cash transfers of approximately $134 million to three purportedly unknown entities."

Other Defendants in Action:

Yu Kwai Chong