In January 2022, our firm represented a shareholder dispute case and filed a lawsuit against the company’s directors, senior management, and supervisors for damaging the company’s interests.

Our client had invested at a premium in a company listed on the New Third Board. The company planned to achieve a transfer listing within five years, and our client expected to gain investment returns from this.

However, our client discovered that the company’s directors, senior management, and supervisors had long been signing false contracts in the company’s name with another company, paying substantial service fees to that company. These individuals then "cashed out" by receiving payments under the guise of "compensation distribution" from the other company.

We argue that the income obtained by the directors, supervisors, and senior management was not approved by a shareholders’ resolution and was acquired through fabricated contracts, thereby violating their duty of loyalty to the company. They should be held liable for compensating the company for the losses incurred.