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China Medical Technologies
China Medical Technologies, Inc. (CMED) was a Cayman Islands corporation based in China, currently in liquidation following fraud allegations. It purported to develop, manufacture, and market advanced in vitro diagnostic ("IVD") products using enhanced chemiluminescence ("ECLIA") technology, fluorescent in-situ hybridization ("FISH") technology, and surface plasmon resonance (“SPR”) technology to detect and monitor various diseases and disorders.''In the Matter of China Medical Technologies, Inc.'' Order, 11 October 2012, SEC.gov. CMED ceased operating in early 2012, leaving investors unpaid on $426 million worth of as a result of a suspected |
China Medtech
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dynasties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Depositary Shares
An American depositary receipt (ADR, and sometimes spelled ''depository'') is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. Shares of many non-U.S. companies trade on U.S. stock exchanges through ADRs, which are denominated and pay dividends in U.S. dollars, and may be traded like regular shares of stock. ADRs are also traded during U.S. trading hours, through U.S. broker-dealers. ADRs simplify investing in foreign securities because the depositary bank "manage all custody, currency and local taxes issues". The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American depositary shares (ADSs). Depositary receipts ADRs are one type of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wynn Las Vegas
Wynn Las Vegas, often simply referred to as Wynn, is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada, United States. It is owned and operated by Wynn Resorts, and was built on the former site of the Desert Inn resort, which opened in 1950. Casino developer Steve Wynn purchased and closed the Desert Inn during 2000, with plans to build a new resort on the site. The design phase lasted two and a half years, and construction began on October 31, 2002, with Marnell Corrao Associates as general contractor. At a cost of $2.7 billion, Wynn Las Vegas was the most expensive resort ever built, beating out Wynn's $1.6 billion Bellagio, which opened on the Strip in 1998. Wynn Las Vegas opened on April 28, 2005, with 2,716 rooms and a casino. At the time, its 45-story hotel tower was the tallest building in Nevada. A sister property, Encore Las Vegas, was opened by Wynn Resorts in December 2008. Located directly north of the resort, Encore added a second hotel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Bureau Of Investigation
The Federal Bureau of Investigation (FBI) is the domestic intelligence and security service of the United States and its principal federal law enforcement agency. Operating under the jurisdiction of the United States Department of Justice, the FBI is also a member of the U.S. Intelligence Community and reports to both the Attorney General and the Director of National Intelligence. A leading U.S. counterterrorism, counterintelligence, and criminal investigative organization, the FBI has jurisdiction over violations of more than 200 categories of federal crimes. Although many of the FBI's functions are unique, its activities in support of national security are comparable to those of the British MI5 and NCA; the New Zealand GCSB and the Russian FSB. Unlike the Central Intelligence Agency (CIA), which has no law enforcement authority and is focused on intelligence collection abroad, the FBI is primarily a domestic agency, maintaining 56 field offices in major cities thro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Police Force
The Hong Kong Police Force (HKPF) is the primary law enforcement, investigative agency, and largest disciplined service under the Security Bureau of Hong Kong. The Royal Hong Kong Police Force (RHKPF) reverted to its former name after the transfer of sovereignty of Hong Kong from the United Kingdom to People's Republic of China in 1997. Pursuant to the one country, two systems principle, the HKPF is officially independent of the jurisdiction of the Ministry of Public Security of the People's Republic of China, which under usual circumstances may not interfere with Hong Kong’s local law enforcement matters. All HKPF officers are employed as civil servants and therefore required to pledge allegiance to the Hong Kong Basic Law. The HKPF consists of approximately 34,000 officers, including the Hong Kong Auxiliary Police Force, civil servants, and its Marine Region (3,000 officers and 143 vessels as of 2009). History A police force has been serving Hong Kong since sho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class Action
A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class action originated in the United States and is still predominantly a US phenomenon, but Canada, as well as several European countries with civil law, have made changes in recent years to allow consumer organizations to bring claims on behalf of consumers. Description In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who the same defendant has injured in the same way. Instead of each damaged person bringi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privilege (evidence)
In the law of evidence, a privilege is a rule of evidence that allows the holder of the privilege to refuse to disclose information or provide evidence about a certain subject or to bar such evidence from being disclosed or used in a judicial or other proceeding. There are many such privileges recognised by the judicial system, some stemming from the common law and others from statute law. Each privilege has its own rules, which often vary between jurisdictions. Types One well known privilege is the solicitor–client privilege, referred to as the attorney–client privilege in the United States and as the legal professional privilege in Australia. This protects confidential communications between a client and his or her legal adviser for the dominant purpose of legal advice. The rationale is that clients ought to be able to communicate freely with their lawyers, in order to facilitate the proper functioning of the legal system. Other common forms include privilege against ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US District Court For The Southern District Of New York
The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a federal trial court whose geographic jurisdiction encompasses eight counties of New York State. Two of these are in New York City: New York (Manhattan) and Bronx; six are in Downstate: Westchester, Putnam, Rockland, Orange, Dutchess, and Sullivan. Appeals from the Southern District of New York are taken to the United States Court of Appeals for the Second Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit). Because it covers Manhattan, the Southern District of New York has long been one of the most active and influential federal trial courts in the United States. It often has jurisdiction over America's largest financial institutions and prosecution of white-collar crime and other federal crimes. Because of its age and influence, it is sometimes colloquially called the "Mother Court" or t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronnie Abrams
Ronnie Abrams (born June 3, 1968 in New York City, New York) is a United States district judge of the United States District Court for the Southern District of New York. Early life and education Abrams is one of two children born to Efrat Abrams and Floyd Abrams, a First Amendment lawyer. Her brother, Dan Abrams, is a television personality and internet entrepreneur who currently serves as legal analyst for ''Good Morning America''. She was raised in New York City's Upper East Side, where she attended the Dalton School. Abrams received a Bachelor of Arts from Cornell University in 1990. In 1993, she received a Juris Doctor from Yale Law School. After completing law school, she served as a law clerk for Judge Thomas P. Griesa of the United States District Court for the Southern District of New York. Professional career From 1998 to 2008, Abrams worked as a federal prosecutor in the Southern District of New York, where she served as Chief of the General Crimes Unit from 2005 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Weiss Rifkind Wharton & Garrison
Paul, Weiss, Rifkind, Wharton & Garrison LLP (known as Paul, Weiss) is an American multinational law firm headquartered on Sixth Avenue in New York City. By profits per equity partner, it is the fifth most profitable law firm in the world. History Paul, Weiss's core practice areas are in litigation and corporate law. In addition to its headquarters in New York, the firm has offices in Washington, D.C., San Francisco, Wilmington, Delaware, Toronto, London, Tokyo, Beijing, and Hong Kong. 1875 - 1949 The firm that eventually became Paul, Weiss, Rifkind, Wharton & Garrison was started in New York in 1875 by Samuel William Weiss and Julius Frank as a general commercial practice. In 1923, Samuel's son, Louis Weiss, started his own firm with John F. Wharton. That firm later merged with Samuel's firm, and the new firm became Cohen, Cole, Weiss & Wharton. In the 1930s, the firm represented one of the Scottsboro boys. In 1946, Lloyd K. Garrison and Randolph Paul joined the firm, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit Committee
An audit committee is a committee of an organisation's board of directors which is responsible for oversight of the financial reporting process, selection of the independent auditor, and receipt of audit results both internal and external. In a U.S. publicly traded company, an audit committee is an operating committee of the board of directors charged with oversight of financial reporting and disclosure. Committee members are drawn from members of the company's board of directors, with a Chairperson selected from among the committee members. A qualifying (cf. paragraph "Composition" below) audit committee is required for a U.S. publicly traded company to be listed on a stock exchange. Audit committees are typically empowered to acquire the consulting resources and expertise deemed necessary to perform their responsibilities. The role of audit committees continues to evolve as a result of the passage of the Sarbanes-Oxley Act of 2002. Many audit committees also have oversight of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auditor
An auditor is a person or a firm appointed by a company to execute an audit.Practical Auditing, Kul Narsingh Shrestha, 2012, Nabin Prakashan, Nepal To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority. Types of auditors * External auditor/ Statutory auditor is an independent firm engaged by the client subject to the audit, to express an opinion on whether the company's financial statements are free of material misstatements, whether due to fraud or error. For publicly traded companies, external auditors may also be required to express an opinion over the effectiveness of internal controls over financial reporting. External auditors may also be engaged to perform other agreed-upon procedures, related or unrelated to financial statements. Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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