Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Financial controls
  • 26 Sept 2012

    SECURITIES AND FUTURES COMMISSION v. LI WO HING AND OTHERS

    Citation
    SECURITIES AND FUTURES COMMISSION v. LI WO HING AND OTHERS
    Court
    Court of First Instance
    Case number
    HCMP1023/2011

    On the agreed facts the 1st Respondent committed misfeasance and produced misleading disclosures (breaches of s214(1)(b),(c),(d)) and the 2nd Respondent committed misfeasance and issued misleading disclosures (breaches of s214(1)(b),(c)); having regard to seriousness, admissions, restitution and costs undertakings and relevant authorities, the court imposed a 7-year disqualification on the 1st Respondent and a 4-year disqualification on the 2nd Respondent and ordered restitution and costs as specified.