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S. KOREAN 2004 FINANCIAL STATEMENTS MAY BE SUBJECT TO CLASS ACTIONS.

Publication: AsiaPulse News

Publication Date: 31-MAY-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

SEOUL, May 31 Asia Pulse - Fraudulent financial statements compiled from this year onward may be subject to securities class action suits, government insiders said today.

Officials at the justice ministry said that cases of fraudulent accounting and violation of disclosures could be used to start class action proceedings,...

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