In order to maintain the stability of the company's stock price and the trust of investors, Longen's senior management also adopted a series of incentive measures, such as high salary awards, stock options and bonuses, to motivate employees to actively participate in fraud and maintain the company's stock price.

rise.

However, the fraud was eventually exposed.

Next year, a whistleblower inside Lon will bring the company's financial scandal to the public.

Subsequently, the media and regulatory agencies will begin to investigate the issue and uncover substantial evidence that Lon's financial statements contained materially untrue and misleading statements.

This led to a sharp decline in investors' trust in Longen, causing the company's stock price to plummet rapidly.

Due to the exposure of financial scandals, Longen Company finally filed for bankruptcy protection in December 1691.

This bankruptcy case is one of the largest corporate bankruptcies in the history of [Financial Street].

The [Securities Fraud Case] ​​of Long En Company shocked the entire [Financial Street] and caused twelve [Financial Behemoths] to take action on the internal governance of [Financial Street].

In this financial turmoil, countless [Financial Beasts] were devoured by twelve [Financial Behemoths]. Any existence that endangers the operation of [Financial Street] will be severely crushed by the iron fist of Edici's sanctions.

The blond young man looked at Hayden Frederick's information, his eyes shining with a special luster.
Chapter completed!