Representatives of the Prosecutor's Office of the Perm Region at the hearing on the case of reclaiming shares of Solikamsk Magnesium Plant from minority shareholders stated that bona fide purchasers of shares at organized auctions are entitled to compensation at the weighted average value. Procedure of reimbursement in respect of those who became shareholder...

Moscow Exchange filed an appeal in the case of seizure of shares of Solikamsk Magnesium Plant from minority shareholders in favor of the state. Trading floor participates in this case as a third party.

National Association of Stock Market Participants sent a letter to the Supreme Court stating that the association considers the seizure of 10.6% of shares of Solikamsk Magnesium Plant from minority shareholders in favor of the state to be unjustified. Association notes that the seizure of shares acquired at organized trades is a violation of legal principles...

Court of first instance satisfied the claim of the district prosecutor's office to seize shares of Solikamsk Magnesium Plant from retail investors. What the court was guided by is still unknown. Motivation part of the decision will be published next week. Initiative group of retail investors intends to go to the end and file first an appeal and then a cassat...