Longtop Financial Technologies

4 results about this entity

Period: 13 Oct 2008 - 11 Nov 2011

SEC puts Longtop under the cosh

The Securities and Exchange Commission has charged Longtop Financial Technologies with failing to file accurate reports, paving the way for a ban on broker-dealers trading in the Chinese fintech vendor.

SEC files court action to force handover of Longtop documents

The Securities and Exchange Commission (SEC) has asked a federal court to force the Chinese arm of accounting outfit Deloitte & Touche to hand over documents related to possible fraud by Longtop Financial Technologies.

Auditors exit and CFO quits as SEC probes Longtop

China's Longtop Financial Technologies says it is the subject of a probe by the Securities and Exchange Commission over alleged financial irregularities, and has confirmed the resignation of its chief financial officer Derek Palaschuk and auditors Deloitte Touche Tohmatsu.

Longtop Financial Technologies joins Finextra50 Index

As free-falling markets dragged the Finextra50 Financial Technology Index down 17.3% last week, SunGard's completed acquisition of GL Trade created space in the index for a new entrant, Chinese financial software maker Longtop Financial Technologies.