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Puda Coal Inc PUDA

Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal), which it controls through 90% indirect equity ownership. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned, coking coal to coke and steel makers. Its primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin, China. It purchases raw coal from a diversified pool of local coal mines in Shanxi Province.


GREY:PUDA - Post by User

Post by coldheaton Aug 05, 2015 2:11pm
98 Views
Post# 23991478

Re-post of SEC case judgement

Re-post of SEC case judgement
Full docket text for document 87: FINAL JUDGMENT AS TO DEFENDANTS MING ZHAO AND LIPING ZHU: IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendants and Defendants' agents, servants, employees, attorneys, and all persons in active concert or participation with them who receive actual notice of this Final Judgment by personal service or otherwise are permanently restrained and enjoined from violating, directly or indirectly, the following herein. IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendants are joint and severally liable for disgorgement of $133,582,250.84 IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain jurisdiction of this matter for the purposes of enforcing the terms of this Final Judgment. (As further set forth in this Order.) (Signed by Judge Denise L. Cote on 7/24/2015 This case is over now...But the SEC does have some inhouse cleanup remaining in regard to the listing.
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