Talk:Oasis Management

Excessive detail?
I am posting on behalf of Oasis Management. I am asking to reconsider the language of the 4th paragraph of the "Background" section to advance neutrality and remove excessive detail. My suggestion is to rework the paragraph like this:
 * In September 2011, the Securities and Futures Commission (SFC) publicly reprimanded and fined both Oasis and Fischer HK$7.5 million ($961,767) each for trades done in 2006 relating to Japan Airlines shares, which appeared to have been intentionally driven down to benefit Oasis. They were also publicly reprimanded. SFC alleged that Oasis placed several orders on the Tokyo Stock Exchange for Japan Airlines shares within 15 minutes of the market closing on 19 July 2006 after Japan Airlines  announced a plan for a public sale of new shares. The trades appeared intended to drive down the closing price of Japan Airlines shares that day which would benefit Oasis funds during purchases of new shares in the offering. While Oasis and Fischer didn't admit trading strategy was designed to mislead the market wrongdoing, accepted SFC sanctions, they agreed to accept SFC sanctions and took voluntary measures in 2007 to prevent similar events reoccurring.

Would be grateful for the input of the wider community. SandraMurphy33 (talk) 10:25, 18 June 2024 (UTC)