Bullboard - Stock Discussion Forum 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... see more

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Puda Coal Inc > Status Conference

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Post by coldheat on Jun 19, 2013 2:17pm

Status Conference

KATHERINE B. FORREST, District Judge:

The status conference scheduled for Wednesday, July 10, 2013, at 1:00 p.m.

shall be heard that same day (Wednesday, July 10, 2013), at 1:30 p.m.

In addition to this, there was something else of interest. The judge is requiring all case participants to sign a non-disclosure agreement related to a protective order that she has issued to protect non-public information as being confidential.

This is a pretty broad order that pertains to just about anything that someone would deem to be non-public..

My read is that they are dealing with some information that should it become public would affect the case. It is not possible to guess what it is, so I will just leave it at that.

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Comment by coldheat on Jun 19, 2013 2:34pm

Forgot to mention something potentially important..... The SEC has also been notified about the Status Conference regarding their case against Zhao and Zhu.... Although all of the motions that have caused the conference are in regard to counts 1&2 of the Class Action suit against Puda and the current class representative, I found it interesting that the SEC/V Zhao case was also ...more

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