After being sentenced to 9 years prison and fined 600 million yuan on charges of insider trading, Huang Guangyu, former chairman of Gome Electrical Appliances - one of the largest privately-owned electrical appliance retailers in Mainland China - and once listed as the wealthiest man in China - is facing a civil suit that will begin hearings tomorrow. The case is being brought by an investor in a company called Zhongguancun Keji (中关村科技), who claims that he suffered losses as a result Huang's insider trading.

Source
21st Century Business Herald

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