Case: Zhao subscribed for rights issue in a stock exchange on June, 2008 10. However, due to the fault of the stock exchange, the rights issue failed to be closed, resulting in Zhao's direct economic loss of 1 10,000 yuan. So, did Zhao Can compensate the securities firm?
Legal analysis: the legal rights of shareholders of listed companies when they subscribe for rights issue. This right is of a property nature. Any organization or individual that fails to effectively realize the shareholders' right to share allotment due to its actions or omissions will bear legal responsibility for the consequences of shareholders' property losses. Therefore, regardless of the intention or negligence of the merchants (including mismanagement or maintenance of the transaction transmission system), shareholders should be compensated for the losses caused by the failure of the rights issue.
Article link: Article 106 of the General Principles of the Civil Law. Citizens and legal persons who violate contracts or fail to perform other obligations shall bear civil liability.
Citizens and legal persons who infringe upon the property of the state or the collective or the property or person of others due to their faults shall bear civil liability.
If there is no fault, but the law stipulates that it should bear civil liability, it should bear civil liability.