According to The Lawyer magazine, Dacheng, JunZeJun and Jingtian & Gongcheng are among the practices that have been fined. It reported that Dacheng received a £154,000 penalty for inadequate due diligence and misrepresentation on last year's aborted flotation of the Xindadi company. The four Dacheng lawyers working on the project were each fined about £10,270 each, and one of them was given a lifetime ban on advising on securities.
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