The company was de-listed from the NASDAQ in April 2014, shortly following the announcement of investigations of the company by the SEC and Department of Justice.[2] In 2015, the U.S. District Court sentenced the company to five years of probation, and CEO Dickson Lee to a five-year prison term for securities fraud.[3][4] Lee was accused of misrepresenting the company's chief financial officer and internal controls in order to achieve a stock market listing, and of deceiving investors.
