September 30, 2015
Focus Media Holding Limited, Jason Jiang
SANCTION AMOUNT: $55,627,865
Defendants: Focus Media Holding Limited
Settlement of charges of inaccurate disclosures about advertising companys partial sale of a subsidiary to insiders, including the individual Respondent. The sale, which occurred before a third party purchased the subsidiary at a significantly higher price, yielded enormous profits to the insiders.
- Key Docs
- Official SEC press release