Sino-Forest Canadian Trading Suspended
Aug. 26 (Bloomberg) -- Carson Block, research director and founder of Muddy Waters Research, talks about Sino-Forest Corp. after Canada's main security regulator suspended trading in the company and ordered the resignation of Chief Executive Allen Chan and four other executives, a move later retracted pending a hearing.
Block's firm issued a report in June stating that Sino-Forest overstated forestry holdings. Sino-Forest has denied the claims. Block speaks with Julie Hyman on Bloomberg Television's "Fast Forward." (Source: Bloomberg)