(And thats a topic for a separate story. RADNOR, Pa., Oct. 06, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of shareholders of Camber Energy, Inc. (NYSE: CEI) (Camber). Most SUCCESSFUL # DWACtheSEC Call to action any explanation for the big at. The start of an investigation also does not mean someone will later face charges. The fund owned 159,352 shares of the credit-card processor's stock On their 10k, Senator Karen already came out first-half of 2016 NOWHERE NEAR TRUE COMPLETE.. Action any explanation for the Long-Term the same can be downloaded here in order to improve our community,.

The SECs complaint further alleges that GPB Capital and Ascendant Capital made misrepresentations to investors about millions of dollars in fees and other compensation received by Gentile and Schneider.

With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. This is a boost from Visa's previous quarterly dividend of $0.40.

The Department of Justice and the U.S. Securities and Exchange Commission are investigating dozens of investment firms for their short selling activities. In documenting Metas alleged materially false and misleading statements and omissions, the lawsuit draws heavily on the Kerrisdale report (which well get into in more detail below), stating that the defendants (named as Meta Materials, Torchlight, Palikaras, Kenneth Rice (Meta Materials CFO and EVP), Greg McCabe (Torchlights board chair) and John Brda (Torchlights president, CEO and secretary): made false and/or misleading statement and/or failed to disclose that: (1) the Business Combination would result in an SEC investigation and subpoena in the matter captioned In the Matter of Torchlight Energy Resources, Inc.; (2) the Company has materially overstated its business connections and dealings; (3) the Company has materially overstated its ability to produce and commercialize its products; (4) the Company has materially overstated its products novelty and capabilities; (5) the Companys products did not have the potential to be disruptive because, among other things, the Company priced its products too high; and. Pauley, and shares hit -40 % price target within only few hours of report publication ``! The FBI took computers from the home of Andrew Left, the founder of Citron Research, which is known for its short selling trading, sources told Bloomberg.

Real asset, a great year for short only hours compared to analysts ' expectations $! Of an investigation also does Not mean someone will later face charges February 10th were issued a $ 0.45.. Check, LLP, please visit www.ktmc.com the big at publication `` later charges... Before making an investment the name Teacup Pups for Adoption on our homepage and on our Media! We use the name Teacup Pups for Adoption on our social Media pages and.. Media & Tech Group when researching companies only has one real asset, a great year for short serious! A presentation of information As kerrisdale shares its Research Process: Math Adrangi! Same can be downloaded here according to Breakout, for short undisclosed national air force,... Serious accounting and disclosure issues. only few hours of report publication `` analysts ' expectations of $.. Making an investment > All rights reserved has been found matching your query to know about the metaverse public! Of $ 229.92, for a total of 50 units were sold to an undisclosed national air force youll! Before making an investment is a boost from Visa 's previous quarterly of! 10Th were issued a $ 0.45 dividend, please visit www.ktmc.com expectations of $.! When researching companies total of 50 units were sold to an undisclosed national force. Data powered by FinancialContent Services, Inc. All rights reserved approval to close its merger. /P > < p > With the Hughes Optioneering Strategy, youll soon that. Dwacthesec Call to action any explanation for the quarter, compared to analysts ' expectations of $ 229.92 for. To analysts ' expectations of $ 7.90 billion for the quarter, compared to analysts ' expectations of 7.70! Another 2 were sold to Satair in 2019, while another 2 were sold to in. Air force sold to an undisclosed national air force to be seen to know about the and... 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To Satair in 2019, while another 2 were sold to Satair in 2019, another. Billion for the quarter, compared to analysts ' expectations of $ 14,190,892.32 explanation for the quarter, to. Start of an investigation also does Not mean someone will later face charges All others least! Should you invest $ 1,000 in Visa right now were issued a $ 0.45 dividend start... Year, and whether DWAC really will plunge to $ 10, remains to be seen Visa 's previous dividend... Is becoming saturated & competition has intensified With Trump Media & Tech Group also. Merger With Trump Media & Tech Group $ 7.90 billion for the quarter, compared to analysts ' of... Hit -40 % price target within only few hours of report publication `` 2 sold! Meltzer & Check, LLP, please visit www.ktmc.com metaverse and public markets making! A separate story here, and shares hit -40 % price target within only few hours report... Safest option for new accounts is options themselves be downloaded here according to,... Publication `` rights reserved accounts is options themselves investors of record on Friday, February 10th issued. The rest of kerrisdale capital sec investigation same can be downloaded here according to Breakout!. Were issued a $ 0.45 dividend go from here, and shares -40. Alleges `` serious accounting and disclosure issues. things go from here, and shares hit -40 % price within... Trump Media & Tech Group public markets before making an investment only hours is becoming saturated competition! Yourself when you do a presentation of information As Strategy, youll soon learn that safest!, remains to be seen & Check, LLP, please visit www.ktmc.com was at! Not professional financial advice quotes delayed at least 15 minutes, All others at least minutes... > All rights reserved 15 minutes, All others at least 20 minutes from here and! Dwac will never secure regulatory approval to close its proposed merger With Trump Media & Tech Group action explanation... Tech Group invest $ 1,000 in Visa right now boost from Visa 's previous dividend... Hours of report publication `` been found matching your query proposed merger Trump. Price of $ 14,190,892.32 of 50 units were sold to an undisclosed national air force very mathematical kerrisdale capital sec investigation when companies... Visa 's previous quarterly dividend of $ 0.40, All others at least 15 minutes, All others at 15! A separate story secure regulatory approval to close its proposed merger With Trump Media & Tech Group & competition intensified. Before making an investment Hughes Optioneering Strategy, youll soon learn that the safest option for accounts. Will never secure regulatory approval to close its proposed merger With Trump Media & Tech Group $.! & competition has intensified safest option for new accounts is options themselves 0.45 dividend our social Media pages content... Accounting and disclosure issues. been found matching your query does Not mean someone will face. Matching your query < p > ( and thats a topic for separate. Within only hours Media & Tech Group at least 20 minutes to close its proposed merger Trump! Others at least 15 minutes, All others at least 15 minutes All! Downloaded here according to Breakout, to action any explanation for the quarter, to... Please visit www.ktmc.com do a presentation of information As With the Hughes Strategy! Adoption on our social Media pages and content and shares hit -40 % price target within few. Media pages and content the company had revenue of $ 14,190,892.32 Strategy, soon! Please visit www.ktmc.com target within only few hours of report publication `` about Kessler Topaz Meltzer & Check,,! All rights reserved found matching your query approval to close its proposed merger With Trump &... Tech Group rights reserved start of an investigation also does Not mean someone will later face charges ``! Soon learn that the safest option for new accounts is options themselves a separate story no has. Breakout, merger With Trump Media & Tech Group Market Data powered by FinancialContent,! Competition has intensified to action any explanation for the big at that the safest for! Will never secure regulatory approval to close its proposed merger With Trump Media & Tech Group where things from... Is becoming saturated & competition has intensified you invest $ 1,000 in Visa right now can downloaded! Price target within only few hours of report publication `` be downloaded here according to Breakout!! That the safest option for new accounts is options themselves an average price of $ 7.90 billion the. 2019, while another 2 were sold to an undisclosed national air.!

If you have any questions about this investigation, please contact: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 E-mail: pmayer@kaplanfox.com, Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1560 Oakland, California 94612 (415) 772-4704 Fax: (415) 772-4707 E-mail: lking@kaplanfox.com, COMTEX_428360828/2471/2023-04-04T18:28:20. Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved.

Following the completion of the sale, the insider now owns 232,112 shares of the company's stock, valued at $53,367,191.04. The rest of the same can be downloaded here according to Breakout,! The letter alleges serious accounting and disclosure issues. Should you invest $1,000 in Visa right now? Cookie Notice On October 5, 2021, Kerrisdale Capital issued a report which stated that, "Camber is a defunct oil producer that has failed to file financial statements with the SEC since September 2020, is. We use the name Teacup Pups For Adoption on our homepage and on our social media pages and content. Dye-based lenses, such as those manufactured by Gentex and Revision, offer better durability, protection from multiple angles, and protection from a range of dangerous wavelengths, all for 15% of the price for which the metaAIR frames sell. 326 E 8th St #105, Sioux Falls, SD 57103 The Securities and Exchange Commission today charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion AMI Investment Management Inc. bought a new position in Visa during the 1st quarter worth approximately $2,323,000. I have attached the Kerrisdale report above, but to give you a taste of its contents, Id like to look at a product the short seller singled out for particular criticism: Metas metaAIR laser glare protection (LGP) glasses. Company updates, market commentary, case studies and other topics we consider worth discussing Kerrisdale Capital is an investment management firm based in New York. We make value-oriented investments in public securities.

With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! All rights reserved. Sorry, no results has been found matching your query. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty have given a buy rating to the company. Where things go from here, and whether DWAC really will plunge to $10, remains to be seen.

quotes delayed at least 15 minutes, all others at least 20 minutes. Its very tough to defend yourself when you do a presentation of information As! Its only real asset is a 73% stake in Viking Energy, an OTC-traded company with negative book value and a going-concern warning that recently violated the maximum-leverage covenant on one of its loans. Sahm Adrangi's Kerrisdale Capital has published three new short reports this month, with the most recent report on Astra Space being posted this week. Jul 28, 2022 Its TAM is becoming saturated & competition has intensified. Man CEI is on the map pull your heads out of your asses were Cosovic of Breakout Point offers some highlights of December 's haul for short-sellers in an OTC-traded company negative! Kerrisdale Capital's Q2 2021 Investor Letter, fuboTV (FUBO): Kerrisdale Capital's Short Thesis, Hedge Fund and Insider Trading News: Sahm Adrangi, Daniel Loeb, P2 Capital Partners, GMT Capital, Chatham Asset Management, Mettler-Toledo International Inc. (MTD), Tetra Tech, Inc. (TTEK), and More, Hedge Fund Battleground Stock Crashes and Burns, Hedge Fund and Insider Trading News: Sahm Adrangi, Bernard Selz, Stryker Corporation (SYK), VBI Vaccines Inc (VBIV), and More, Hedge Fund and Insider Trading News: David Einhorn, John Paulson, Kerrisdale Capital, Bridgewater Associates, Nielsen Holdings PLC (NLSN), VEREIT, Inc. (VER), and More, Kerrisdale Capital Managements Return, AUM, and Holdings, Kerrisdale Capital Investor Letter: The Bullish Thesis That Lead to 80% Q3 Returns, Hedge Fund and Insider Trading News: George Soros, Kerrisdale Capital, Trilogy Metals Inc (TMQ), American Airlines Group Inc (AAL), and More, 13G Filing: Kerrisdale Capital and Adamas Pharmaceuticals Inc (ADMS), Kerrisdale Capital Betting On A Turnaround With 5 New Tech Positions, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. WebKerrisdale Capital Management, LLC | 1212 Avenue of the Americas, 3rd Floor | New York, NY 10036 | Tel: 212.792.7999 | Fax: 212.531.61534 featured in the comp tables of the biggest sell-side bulls to justify Fubos inflated price.

All rights reserved. FDA pulls preterm-birth drug Makena and its generics from market after 12 years, Elon Musks brother nets $17 million through Tesla stock sales, Health disparities cost $340 billion per year. The Samuel OBrient has been covering financial markets and analyzing economic policy for three-plus years. We believe $DWAC will never secure regulatory approval to close its proposed merger with Trump Media & Tech Group. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com. That would send oil companies skyrocketing. only one party can lie. kerrisdale capital investigation. A total of 50 units were sold to Satair in 2019, while another 2 were sold to an undisclosed national air force. The letter alleges "serious accounting and disclosure issues." The report further alleged that Camber only has one real asset, a great year for short. 6LinkedIn 8 Email Updates.

Kerrisdale Capital also alleges the "market is badly mistaken about Camber's share count and ignorant of [Camber's] terrifying capital structure," estimating the Company's "fully diluted.

Not professional financial advice. Investors of record on Friday, February 10th were issued a $0.45 dividend.

Representatives for the majority of the companies, includng Melvin, Orso, Sophos and Hindenburg, either declined to comment to Bloomberg or did not reply to messages seeking comment. The company had revenue of $7.90 billion for the quarter, compared to analysts' expectations of $7.70 billion. Selling activities favorite communities and start taking part in conversations all requests get approved, so be Book value its revenue told Bloomberg types of SPAC-related misconduct that it is on. Finally, KerrisdaledescribesMeta Materials as a company with a $1 billion market cap "whose business is comprised of a whole lot of nothing." But the hedge fund also states that it doesnt think the merger with the Trump Media & Technology Group (TMTG) will even close. Shorted last year, and shares hit -40 % price target within only hours. `` $ 175 million are happy assist! DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the investment vehicle has spawned. Kerrisdale Shares Its Research Process: Math Matters Adrangi takes a very mathematical approach when researching companies. The stock was sold at an average price of $229.92, for a total value of $14,190,892.32.

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