Sino-Forest Corporation controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
OSC fraud findings
The OSC concluded that Sino-Forest and four individuals engaged in deceitful or dishonest conduct involving standing-timber assets and revenue, and that the individuals misled commission staff during the investigation.
2011
Muddy Waters fraud allegations
Muddy Waters Research alleged that Sino-Forest had overstated forestry assets and revenues and characterized the company’s reported business as fraudulent. Sino-Forest denied the allegations and commissioned PricewaterhouseCoopers to investigate.
2011
Ontario regulatory investigation and trading suspension
The Ontario Securities Commission investigated Sino-Forest and suspended trading in its shares, citing conduct that it said the company knew or should have known contributed to fraud.