The Tokyo Stock Exchange project to move Livedoor Co. and Livedoor Marketing Co. shares to the monitoring post, may be for delisting. It follows the arrest of Takafumi Horie, the Livedoor President, and other financial executives. There are no limitations on trading in shares placed on the monitoring post. However, transferring shares means the TSE has begun studying whether they meet its delisting standards. The TSE pointed out the two companies as issues on Saturday that investors should pay attention to. They were judged as having failed to provide full information in connection with the allegations against them. Livedoor is being examined on suspicion of violating the Securities and Exchange Law. Prosecutors assert, that a Livedoor group firm spread false corporate buyout information and inflated earning results in 2004. Both Livedoor Marketing and Livedoor are consisted on the TSE's Mothers market for start-ups.
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