$Meta Materials (MMAT.US)$ NEWS - Short Selling Investigatio...
NEWS - Short Selling Investigation
Meta Materials Announces Update on Naked Short Selling Investigation
Meta Materials (NASDAQ: MMAT), a company specializing in advanced materials and nanotechnology, has provided an update on its investigation into naked short selling which began in June 2023. An initial analysis by Shareholder Intelligence Services suggested potential MANIPULATION. Consequently, law firms Christian Attar and Warshaw Burstein were hired to investigate further.
The investigation, now concluded, confirms that META has valid claims of market manipulation against multiple entities. James "Wes" Christian of Christian Attar expressed confidence in META's actionable case. META's Board Chairman, Jack Harding, emphasized the importance of the collected data and announced plans to share findings with regulatory bodies and initiate legal proceedings in the upcoming quarters.
META will continue to provide updates as new information emerges.
The investigation, now concluded, confirms that META has valid claims of market manipulation against multiple entities. James "Wes" Christian of Christian Attar expressed confidence in META's actionable case. META's Board Chairman, Jack Harding, emphasized the importance of the collected data and announced plans to share findings with regulatory bodies and initiate legal proceedings in the upcoming quarters.
META will continue to provide updates as new information emerges.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Double_Bottom : hope I bank on my mmtlp too
YummyDummy : whats the target for this miday or eod? im in @ 2.20
Jaguar8 OP YummyDummy : Depends on buying pressure vs shorts
YummyDummy Jaguar8 OP : Afterhours looks like 4.30 according to MarketWatch
Jaguar8 OP YummyDummy : 4.29 on overnight trading