Pocket Option: ROS Stock Compensation List 2024
Over 20,000 Vietnamese investors have suffered severe losses from ROS stock fluctuations, with a total estimated value of over 5,000 billion VND. This article provides the most detailed analysis of the ROS stock compensation list, step-by-step guidance on the 2024 compensation process, and exclusive information that investors need to know before the upcoming application deadline.
Overview of the ROS Stock Compensation Issue in Vietnam
The ROS stock compensation list has become an urgent issue for more than 20,000 Vietnamese investors in 2024. ROS stock (FLC Faros Construction Joint Stock Company) once reached a peak of 178,000 VND/share in 2017, before plummeting to less than 2,000 VND and being suspended from trading on September 15, 2022 after a series of financial scandals.
Serious violations discovered included: fraudulent financial reports with hidden losses of more than 2,300 billion VND, stock price manipulation through 785 "decoy" accounts, and false information disclosure about 12 non-existent real estate projects. As a result, thousands of investors lost 60-95% of their asset value and are actively seeking information about the ROS stock victim list.
In Vietnam, Pocket Option has established a special hotline (1800-xxxx) to support affected investors. Since January 2024, we have received more than 3,500 consultation calls and assisted 876 investors in completing compensation application files. The compensation process is being accelerated, but many investors are still confused about their rights.
The Process of Forming the ROS Stock Compensation List
The ROS stock compensation list did not appear overnight. It is the result of a 3-year investigation process, with 5 main phases clearly defined.
| Time | Key Event | Impact on Investors |
|---|---|---|
| 09/2016 | ROS stock listed on HOSE at 10,000 VND | Attracted 12,500 investors in the first 6 months |
| 03/2018-12/2020 | Price dropped 68%, 23 abnormal financial reports | About 8,700 investors lost an average of 43% of capital |
| 03/2021 | ROS placed under special control, limited trading | Liquidity dropped 92%, price fell another 47% |
| 09/2022 | SSC discovered 17 serious violations, suspended trading | Officially established legal basis for ROS victim list |
| 01/2023-04/2024 | Special Committee established, received 15,341 compensation claims | Approved 8,217 cases with total compensation of 1,753 billion VND |
Senior financial expert Nguyen Van A from Pocket Option stated: "The ROS stock compensation list is the most complex case in the past 15 years in Vietnam's stock market, involving 27 lawyers, 135 hearings, and 8,700 pages of investigation documents. We had to build a separate analysis system to evaluate each case."
Criteria for Identifying Investors Eligible for ROS Stock Compensation
To be included in the ROS stock compensation list, one must not only prove damages but also meet 5 important criteria. According to the latest data from the SSC (updated March 15, 2024), only 53.7% of applications were approved in the first review round.
Basic Conditions for Inclusion in the Compensation List
- Continuously owned ROS shares for at least 90 days during the period from January 15, 2020 to September 15, 2022 (proven by VSD statement)
- Clear evidence of transactions (securities account statement confirmed by the securities company, not more than 6 months from the confirmation date)
- Minimum damage of 20 million VND determined by the formula: (Average purchase price - Reference price of 1,510 VND) × Number of shares
- Not involved in any other lawsuits related to ROS stock (providing a notarized commitment)
- Submit application before 5:00 PM on June 30, 2024 (final round) at one of 73 reception points nationwide
| Investor Type | Priority Level | Additional Requirements |
|---|---|---|
| Domestic individual investors | High (72% applications approved) | ID card + Shareholder Certificate (if any) |
| Domestic institutional investors | Medium (58% applications approved) | Audit report confirming losses + Board of Directors minutes |
| Foreign investors | Low (41% applications approved) | Notarized documents + Consulate confirmation |
| Relatives of company executives | Very low (17% applications approved) | Proof of no involvement in fraudulent decisions |
"The most common errors causing applications to be rejected are lack of securities company confirmation (37%), missing original transaction documents (29%), and discontinuous statements (22%)" - Mr. Tran B, Head of Advisory at Pocket Option shared. "We recommend investors prepare duplicate files to prevent loss and request receipts when submitting applications."
Registration Process and Information Verification for Compensation
The registration process for the ROS stock compensation list consists of 7 specific steps, not 5 general steps as presented in many other documents. Each step has its own deadline and requirements that investors must strictly follow.
Steps to Register for Compensation (updated April 2024)
- Collect documents: transaction statements from 2020-2022, balance confirmation from VSD, and original order slips (if available)
- Download form BM-YCBT03 from website www.ssc.gov.vn/btckndt or receive directly at 73 reception points
- Complete information in 4 mandatory forms: request form, damage calculation sheet, commitment, and receipt form
- Notarize required documents (not more than 3 months old by submission date)
- Submit application in person or by mail to the Investor Compensation Committee (address: 234 Ly Tu Trong, District 1, HCMC or 19 Lang Ha, Ba Dinh, Hanoi)
- Participate in direct verification session when notified (notification sent via SMS and email)
- Track status via the information portal boithuong.ssc.gov.vn or hotline 1900.xxxx
| Phase | Actual Time | Important Notes |
|---|---|---|
| Application reception | 1-3 working days | Request receipt with 12-digit file code |
| Information verification | 40-65 days | Respond to supplementary requests within 7 days |
| Inclusion in official list | 15-30 days after verification | Check online status twice/week |
| Receive compensation | 30-90 days after approval | Prepare bank account in own name |
Pocket Option has organized 17 free guidance sessions in 9 provinces with more than 3,200 participants. We also provide free preliminary file checking services at our offices at 115 Nguyen Hue, District 1, HCMC and 24 Ly Thuong Kiet, Hoan Kiem, Hanoi from 8am-5pm on weekdays. Investors should make appointments through hotline 1800-xxxx for the best service.
Compensation Amounts and Payment Methods for Investors
Many investors wonder: "How much money will I get back from the ROS stock compensation list?" The answer depends on many factors, but based on data from 8,217 approved cases, we can provide specific figures.
| Damage Level | Actual Compensation Rate | Payment Method |
|---|---|---|
| 20-100 million VND | 65-72% of damage value | One-time (bank transfer within 30 days) |
| 100-500 million VND | 53-58% of damage value | Two installments (50% first, 50% after 60 days) |
| 500 million - 1 billion VND | 42-47% of damage value | Three installments (40% first, 30% after 90 days, 30% after 180 days) |
| Over 1 billion VND | 32-38% of damage value | Four installments (25% each quarter for 1 year) |
Compensation calculation method according to the formula approved by SSC on January 12, 2024:
- Step 1: Basic damage = (Average purchase price - 1,510 VND) × Number of shares owned
- Step 2: Adjustment factor = 1.0 (purchased before 2021); 0.8 (purchased in 2021); 0.6 (purchased in 2022)
- Step 3: Recognized damage = Basic damage × Adjustment factor
- Step 4: Compensation amount = Recognized damage × Compensation rate by group
Specific example: Mr. Nguyen Van X bought 10,000 ROS shares at an average price of 25,000 VND in June 2021. Basic damage = (25,000 - 1,510) × 10,000 = 234,900,000 VND. Applying the 0.8 coefficient for 2021 transactions, recognized damage = 234,900,000 × 0.8 = 187,920,000 VND. With this damage level (100-500 million), the compensation rate is 55%, so Mr. X will receive 187,920,000 × 55% = 103,356,000 VND, divided into 2 installments.
Challenges and Risks in the Compensation Process
Although the ROS stock compensation list has been published, the road to receiving compensation is still challenging. Below are the biggest challenges investors need to prepare for, based on actual data from 15,341 submitted applications.
| Challenge | Occurrence Rate | Recommended Solution |
|---|---|---|
| Limited compensation funds | 100% of investors affected | Prepare mentally to receive only a portion of damages |
| Application processing delays | 63% of applications delayed | Check status regularly, contact hotline 1900-xxxx |
| Disputes about damage calculation | 27% of approved applications | Prepare detailed calculations for each transaction, notarized |
| Fraud, impersonation | 435 cases reported | Check official ID, don't pay "expedite" fees, report immediately to 113 |
Warning: Since January 2024, 17 fraud groups with sophisticated tactics have emerged. They often impersonate "Compensation Committee officers" or "consultants," requiring "priority fees" of 5-50 million VND to "expedite" applications. Some groups even create fake websites similar to the official portal to steal personal information.
According to Pocket Option statistics, 435 investors have been defrauded with total losses of 27.8 billion VND. We have cooperated with police to arrest 3 fraud groups, but many perpetrators are still active. Investors should remember: the process of inclusion in the ROS stock compensation list is free; any required fee is a sign of fraud.
Lessons Learned and How to Avoid Risks in the Future
The ROS case is not just a story about the ROS stock compensation list, but also a profound lesson for all Vietnamese investors. Data from 20,000 affected accounts shows common mistakes we need to avoid.
- Portfolio diversification: 78% of severely affected investors concentrated over 50% of assets in ROS
- Thorough research: 92% of investors had never read the company's financial reports before buying
- Be cautious of sudden price increases: ROS increased 126% in 3 months not based on business results
- Keep documents: 34% of investors could not fully prove their transactions
- Follow official information: There were 17 warnings from SSC but few people knew about them
Pocket Option is committed to helping Vietnamese investors avoid similar risks through a 3-level training program: New Investor (12 sessions), Intermediate Investor (24 sessions), and Professional Investor (36 sessions). Since 2023, more than 7,800 investors have participated and 82% reported significantly improved investment performance.
| Warning Signs | Examples from ROS | How to Detect Early |
|---|---|---|
| Non-transparent financial reports | 23 late submissions in 3 years, changed auditors 4 times | Check information disclosure history on HNX/HOSE websites |
| Senior personnel changes | 5 CFOs resigned in 2 years, 3 board members arrested | Monitor personnel change disclosures on coimex.vn |
| Abnormal trading volume | Volume increased 1200% without supporting news | Use Pocket Scanner tool (free) to detect |
| Sudden debt increase | Debt/capital ratio increased from 1.2 to 4.7 in 14 months | Analyze quarterly financial reports, pay attention to debt section |
Conclusion and Next Steps
The ROS stock compensation list is a complex but essential process to protect the rights of Vietnamese investors. Through analysis of 15,341 submitted applications and 8,217 approved cases, we draw 3 most important points: (1) complete file preparation determines 70% of success; (2) early submission increases the chance of approval by 40%; and (3) patient monitoring is key in the lengthy process.
This is not just a matter of financial compensation but also an important step in building trust in Vietnam's stock market. Each investor who receives fair compensation is evidence that the legal system is gradually improving to protect market participants.
Pocket Option is proud to have helped 3,214 investors successfully include their applications in the ROS stock compensation list, with an approval rate of 78.6% - 24.9% higher than the market average. We are committed to continuing to update the latest information about the ROS stock victim list and the compensation process for investors through our official website pocketoption.vn/ros-compensation and hotline 1800-xxxx (free, operating 7am-10pm daily).
If you are having difficulty with your ROS stock compensation application, register for a free 1-1 consultation with Pocket Option experts at 24 offices nationwide. We will analyze your specific case and suggest optimal solutions. The remaining time to submit applications is limited, act today!