Longtop Financial Technologies
Information by Research Trustfinance
Founded in 1996, Longtop Financial Technologies Limited was a leading software development and technology services provider to the financial industry in the People's Republic of China. The company offered a wide range of software applications and solutions for banks, insurance companies, and other financial institutions. It was listed on the New York Stock Exchange (NYSE) under the ticker "LFT" until 2011, when a massive accounting fraud was uncovered, leading to the resignation of its auditor (Deloitte), an investigation by the U.S. Securities and Exchange Commission (SEC), its delisting from the NYSE, and the company's eventual collapse.
China
Industry
- Software DevelopmentPRIMARY
Technology
- Other Service
Financial
HQ Location