But individuals are indeed easily manipulated.
"But Lawyer Tang, will the court agree to this?"
Old Tang said, "We have a legal basis for this."
In the "Several Provisions of the Supreme Court on Hearing Civil Compensation Cases for False Statements in the Securities Industry," it's clearly listed.
Article 14 explicitly states, it's a long one, but the gist is that if the company's directors, supervisors, and other senior managers cannot prove they were diligent and responsible, and merely claim ignorance, trust in others, etc., the court will not support them.
This means those people must also bear joint liability!
Article 15 also states what constitutes evidence; it's if these people voted in favor during the disclosure of important information, it will be considered as fault.
And Article 20...
The previous case was like this, from the controlling shareholder to the financial manager, not one escaped, all had to take responsibility.
