Learn More. Use of Culper Research's ("Culper") research is at your own risk. Cost basis and return based on previous market day close. In a 10-tweet thread digesting the report and posted on Monday, Culper accused Veru of "glaring anomalies" in its phase 3 clinical trial of coronavirus drug sabizabulin. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Don't miss the crucial news and insights you need to make informed legal decisions. best hunting game for oculus quest 2 culper research legit. "We believe that the Company has . Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. Eric Volkman has no position in any of the stocks mentioned. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. So the names of the defendants in the lawsuit against Redwood were as follows. PDF Disclaimer - IA Rugby.com By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Is this happening to you frequently? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. I guess my last point is - how much of yesterday's decline is attributed to a short report from a company with a terrible track record vs. attributed to why the stock has declined between the earnings and short report? Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. By downloading from or viewing material on this website you agree to the following Terms of Service. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Research is not investment advice nor a recommendation or solicitation to buy securities. Short-sellers take aim at Chinese blockchain firm SOS, shares tumble On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. Press question mark to learn the rest of the keyboard shortcuts. That could potentially be a turning point for Veru stock. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. The suits defamation claims center on a Culper report and investor alerts accusing LifeMD principals of engaging in fraud at a previous company and using unlicensed doctors to dispense medications. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. Site Map, Advertise| If you're a natural optimist, shorts are handy as a devil's advocate, reminding you of all the bad things that can happen to your stock. While the short report is lengthy, here is part of what Culper said. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Following publication of any research, we intend to continue transacting in the securities covered herein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation, conclusions, or opinions. White Diamond Research | About Us You should assume that Culper (possibly along with or through our members, partners, affiliates, employees, and/or consultants) along with our clients and/or investors has a position in any securities covered herein. For example, if it has to redesign the study and start from scratch the costs could go up. Treace Medical Concepts (TMCI) dropped 17% after a new short report from Culper Research.Culper Research says it's short the stock.Treace Medical (TMCI) didn't immediately return. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. For more information, please see the SECs Web Site Privacy and Security Policy. Short-sellers Hindenburg Research and Culper Research said on Friday they have taken a short position on Chinese blockchain firm SOS Ltd's stock, sending the company's shares down 23%. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . 1001 and 1030). Culper Research, an activist short-seller that in its words "seek[s] to expose companies which have misrepresented their operations, failed to disclose significant risks, misappropriated capital, possess accounting irregularities, or otherwise deceived investors," published a blistering report on its short position in Veru. Also, apparently, most of the patients in the study were outside of the U.S. Why Veru Stock Got Dented Today | The Motley Fool Looking at the relevant FOIA request logs on the SEC website suggests an individual named Jacob Ma-Weaver twitter linkedin acting on behalf of what appears to be his short-selling fund Cable Car Capital LLC. I Got the 'SOS', So Here's My Take on the Stock's Saga Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. culper research legitsan juan airport restaurants hours. The Motley Fool has a disclosure policy. Verified account Protected Tweets @; Suggested users Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, 2 Stocks That Are About to Make Their Shareholders Richer, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Are u selling or still holding? Did these scumbags have any insider information? The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution CleanSpark takes seriously any accusations of impropriety, stands behind its prior statements and disclosures, and will not tolerate unfounded and reckless claims against the Company. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-Listed Scam Based On A Lifetime Of Lies. All expressions of opinion are subject to change without notice, and Culper does not undertake to update or supplement this report or any of the information contained herein. Blink claims that 'EV drivers can easily charge at any of its 15,000 charging stations,' but we estimate the Companys functional public charging station network consists of just 2,192 stations, a mere 15% of this claim.". Like, within two days of the report, which just adds to the shadiness of the situation. Nasdaq Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CleanSpark Reports First Quarter FY2023 Financial Results, CleanSpark Reports Fourth Quarter and Year End FY2022 Financial Results. Learn More. SEC.gov | HOME Unlimited access to The Legal Intelligencer, Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. According to documents Aterian filed with the SEC on April 29, 9380 Macarthur does indeed own almost 5 million shares, or 16.2% of the company. When typing in this field, a list of search results will appear and be automatically updated as you type. The two short-sellers claimed that SOS stock was an . LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext what are you doing after this report? Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. On the other hand, the stock dropped 25% . . Thank you for your interest in the U.S. Securities and Exchange Commission. Research may contain forward-looking statements, estimates, projections, and opinions with respect to among other things, certain accounting, legal, and regulatory issues the issuerfaces and the potential impact of those issues on its future business, financial condition and results ofoperations, as well as more generally, the issuers anticipated operating performance, access to capitalmarkets, market conditions, assets and liabilities. However, such information is presented as is, without warranty of any kind whether express or implied. These statements are based on CleanSpark's current beliefs and expectations. REKR reported $245,000 in Oklahoma revenue for itself, and $1,000,000 in revenue for the state of Oklahoma - "over 25,000" notices of non-compliance were issued, but REKR . Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress Further, Culper Research thinks LifeMD is engaged in fraudulent and illegal activities that are similar to those of Redwood Scientific, a company that faced severe legal penalties at the hands of . Im holding on to see the company response. Use of Culper Research's ("Culper") research is at your own risk. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Click to reserve your spot! Taylor Carmichael has no position in any of the stocks mentioned. This suit was surfaced by Law.com Radar. Veru (VERU -35.98%) has found itself the target of a short-seller, and as a result the biotech company's shares took a more than 12% hit on an otherwise upbeat Monday for the wider stock market. On the other hand, shorts are always future buyers of your stock. TICKETED EVENTS on Culper Spy Day. Invest better with The Motley Fool. Copyright 2023 Culper Research - All Rights Reserved. Criminal Allegations, and an ICO Scam . Theyre calculating that LFMD spends an average of $36 in marketing costs per webpage visitor for REXMD while HIMS spends an average of $2.14 per website visitor for its products . Guys, this is a classic short attack. Is This Warren Buffett Stock a Buy After Its Dividend Boost? If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Core Scientific stock drops after new short call from Culper Research
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