Monthly Archives: July 2011

China Cablecom to delist from NASDAQ

British Virgin Islands-incorporated company China Cablecom Holdings, Ltd., a consolidated cable network operator and joint-venture provider of cable television services in the Shandong province of China, reported about its intent to voluntarily delist its common stock from the NASDAQ Capital … Continue reading

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A-Power’s shareholders asked to move for appointment as lead plaintiff in the lawsuit

All persons or entities who purchased the securities of the British Virgin Islands-registered company A-Power Energy Generation Systems, Ltd. between March 31, 2008 and June 27, 2011, have until August 31, 2011 to move the Court to serve as Lead … Continue reading

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Madoff Trustee to file new lawsuit against BVI-based feeder funds

The trustee Irving Picard, who is trying to recover money invested by victims of Madoff’s affair into his feeder funds, among which there were BVI-registered funds, was authorized by the U.S. Bankruptcy Judge to file a $975.5 million lawsuit against … Continue reading

Posted in BVI Investment Funds, Court decisions, Frauds, Illegal actions, Investigation, Offshore investment schemes, Ponzi scheme | Leave a comment