The influence of suing listed companies on them

Legal analysis: the impact of suing a company will vary according to the reasons for prosecution, and it will generally be punished or sealed up by the industrial and commercial bureau. If the circumstances are serious, the people's court may seal up, detain or freeze the company's funds. For example, if the labor arbitration loses, the company will pay compensation, which may be recorded in the company's integrity file and publicized to the public. If the company violates the law or commits fraud, it will be punished or sealed up by the industrial and commercial bureau. The creditors of the company may apply to the court to seal up the company property under the name of an individual and demand repayment.

Legal basis: Provisions of the Supreme People's Court on the Attachment, Seizure and Freezing of Property in Civil Execution by People's Courts Article 2 The people's court may attach, detain and freeze the movable property possessed by the person subjected to execution, the immovable property registered in the name of the person subjected to execution, specific movable property and other property rights. Unregistered buildings and land use rights shall be determined according to the approval documents of land use rights and other relevant evidence. If the third party confirms in writing that the property belongs to the person subjected to execution, the people's court may seal up, detain or freeze the movable property possessed by the third party or the immovable property, specific movable property and other property rights registered in the name of the third party.