Sino-Forest was a TSX-listed company, with a $6 billion market
capitalization, that became a worthless stock as a result of
allegations of fraud made against it by a short seller in June 2011. At
the time, Sino-Forest was a Canadian-incorporated forestry company,
headquartered in Mississauga but operating primarily in China. Most of
its assets and employees, including most of its management team, were in
China. Published in Corporate Governance
, Federated Press, November 2014.