Withdrawal of the Court’s Petition for a Suspension and Injunction Against the Financial Instruments and Exchange Act by Global Investment Lab Co., Ltd.

News Corporate Finance & M&A Sanctions & Fines

Date: 19th Nov, 2024 Source: Securities and Exchange Surveillance Commission Country: Japan Original Source

Brief

On November 19, 2024, the Securities and Exchange Surveillance Commission issued an update regarding Withdrawal of the Court's Petition for a Suspension and Injunction Against the Financial Instruments and Exchange Act by Global Investment Lab Co., Ltd. The commission withdrew its petition due to the company's dissolution on August 6, 2024, as approved at their shareholder meeting, making it unlikely for continued financial instrument trading violations.

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Securities and Exchange Surveillance Commission

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Withdrawal of the Court’s Petition for a Suspension and Injunction Against the Financial Instruments and Exchange Act by Global Investment Lab Co., Ltd.

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