Listed on the Toronto Stock Exchange since the mid-1990s, Sino-Forest Corp. had developed a long-standing and good reputation among analysts. However, earlier this month the company faced allegations of fraud and mismanagement from Muddy Waters Research which sent investors running the other way. The allegations were questionable, but prompted a new and critical look at the company's accounting books and assets. Sino-Forest responded by assembling a task force with the intention of regaining investor confidence, but despite this, and its rejection of the claims against it, Sino-Forest has seen its share-price fall more than 70 percent since the beginning of this month.