送交者: qianfu 于 2010-07-06, 12:46:25:
The potential economic pain may force the companies to take legal action to "tie the lose ends", so to speak.
There must be some cases on US companies CEO degree cheating. Monetary loss in share holders class action law suit is the incentive for company to act against these current and past CEO. There may even be a case during this financial crisis of such a nature.
If ShengDa is a Nasdaq listed companies, share holders in US can start the case and benefit from settling with the companies.