culper research legit

Prosper Junior Bakiny has no position in any of the stocks mentioned. 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. 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. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. The points Culper makes are quite compelling and raise substantial questions about the history of the CEO, Mitchell Steiner, and the EVP of Clinical Affairs, Robert Getzenberg. Is this happening to you frequently? That's $100 million you paid. Veru has a market capitalization of $750 million at $8.46 as of May 6. SALT LAKE CITY, January 21, 2021 -- CleanSpark, Inc. (Nasdaq: CLSK), ("CleanSpark, or "the Company"), an advanced software and controls technology solutions company focused on solving modern energy challenges, has become aware of a report making false accusations against CleanSpark and its officers. Learn More. CleanSpark Investigating Short Seller Culper Research. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. According to the accounting firm, the numbers are fine. https://www.google.com/amp/s/seekingalpha.com/amp/news/3681732-lifemd-falls-after-new-short-call-from-culper-research. This cant be right ? Contact Us| Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? Culper makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the securities covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Create an account to follow your favorite communities and start taking part in conversations. As we all learned today, Culper and its shady supporters aim to create a veil of legitimate entities conducting research which just so happens to uncover some form of fraud/scandal/etc. Law360 (September 20, 2021, 7:52 PM EDT) -- A negative report from stock research firm Culper Research about telehealth company LifeMD Inc. was part of a "short and distort" stock scheme to defame . Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful deployment energy solution on the project, the fitness of our energy software and solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. If You Invested $1,000 in Veru in 2020, This Is How Much You Would Have Today, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? How valuable are the assets if you can't trust the sales numbers? If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Under Mr. Cook's . In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . If you have an ad-blocker enabled you may be blocked from proceeding. Also he was allowed to treat patients via telehealth telehealth while on probation (src). Law.com Radar publishes daily updates on just-filed federal cases like this one. He was the original owner of Roe Tavern in Setauket,N.Y. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. The Patriots (colonists) were fighting against the British, in this war. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . This is set for next Tuesday, May 10. This implies that it could end up wasting a lot of its cash if the Phase 3 clinical study is not successful in obtaining FDA EUA approval. Lawyers at Cozen OConnor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. About Us. On February 26, 2021, Hindenburg Research and Culper Research published reports regarding SOS Limited, alleging that the Company was a "pump and dump" scheme that used fake addresses and doctored . The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. 1125 N. Charles St, Baltimore, MD 21201. 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 . Is This Warren Buffett Stock a Buy After Its Dividend Boost? 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. "We believe that the Company has vastly exaggerated the size of its EV charging network in order to siphon money from the pockets of investors to insiders. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Culper also . Pretty brutal. In the near term, anything can happen to a stock price. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. Feel like going after another group of asshole short sellers trying to screw over us regular investors? The researcher is also highly unimpressed with the executives guiding the company. Also, apparently, most of the patients in the study were outside of the U.S. 1001 and 1030). TICKETED EVENTS on Culper Spy Day. Yes, it works for cancers, but it does the same to all normal tissue. Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-Listed Scam Based On A Lifetime Of Lies. what are you doing after this report? CleanSpark has retained the law firm of Wilk Auslander LLP in connection with this matter and will be vigilant in investigating the sources of these misrepresentations, including the identity of those veiled behind the entity calling itself Culper Research. It stinks like a skunk to me, but Im not smart. Also, did you notice that there are now at least half a dozen law firms trolling for members to a class action lawsuit against Life? That's what happened to the shorts in the Gamestopfrenzy earlier this year. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! What kind of manipulation and block trades? Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Shares of healthcare services provider LifeMD (LFMD 1.68%) are plunging on Wednesday and were down by 22.3% as of 3:45 p.m. EDT. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. 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. Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. But it burnt through almost $9 million in free cash flow (FCF) during its latest quarter ending Dec. 31., according to its 10-Q filing. Join The Legal Intelligencer now! You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of this website or the material herein must be filed within one (1) year after such claim or cause of action arose or be forever barred. I have not but wouldn't it stand to reason that a smaller company entering the space would need to spend more to build brand awareness? Use of Culper Research's ("Culper") research is at your own risk. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. Not really sure how to end this post, but please let me know think. The publication of the report and the tweet thread come hot on the heels of the news that the Food and Drug Administration (FDA) has set a pre-Emergency Use Authorization (EUA) meeting date to discuss that phase 3 study data. What should investors make of the allegations brought forth by Culper Research? Nasdaq Culper Spy Ring Research Paper Intelligence provided by the Culper Spy Ring was instrumental in the defeat of the British during the Revolutionary War. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Sucks. Im holding on to see the company response. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. 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 . 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. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ --CleanSpark, Inc. (Nasdaq: CLSK), ("CleanSpark, or "the Company"), an advanced software and controls technology solutions company focused on solving modern energy challenges, has become aware of a report making false accusations against CleanSpark and its officers. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Federal Judge: Lancaster Investment Firm, Executives Must Pay $2M in Civil Penalties, Restitution, Special Master in MoneyGram Feud at SCOTUS Has Surprise Change of Mind, In Jackson's First Majority Opinion, SCOTUS Curbs Delaware's Collection of Unclaimed Property, Class Action Accusing BOA of Inadequate Notice Before Reposessions Hits Federal Court, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. Veru has a market capitalization of $750 million at $8.46 as of May 6. LFMD responded to short report, denying the claims and will report something in detail soon. To other RS execs were laundering money (husband and wife). Veru Stock Could Face Difficulties If the Culper Research Report Is True. culper research legitmichelle fleury ancestry. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. Use of Culper Research's("Culper") research is at your own risk. LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. Some research into Culper Research. The company did not report any news, but these losses are a result of a short-seller report issued by investigative research firm Culper Research. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. 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? It seems clear to us that this report is an attempt by a short seller to negatively impact . "Tomorrow's report features two felons, two alleged scam artists, a CEO with a failed crypto hustle, and what we think is a wildly overhyped, deteriorating business facing existential risk." The book talks about a group of spies known as the culper spy ring. Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. If too many people are short a stock, the trade might flip on them, and a short squeeze might take place, causing the stock to zoom higher. 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. Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. exhibit at the Three Village Historical Society. They have a financial motivation for doing so -- they want the stock price to go down. Aterian issued a press release to respond to the short attack. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? The Motley Fool recommends Aterian, Inc. Dont listen to shitron in the first place, that guy is the worst, Did some research, seems like Dr Badii is no longer with RexMD. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any . If you can't trust management, or its numbers, you really shouldn't be in a stock. Here is what I think: These scumbags are going after companies with low institutional/high retail stocks that are on fire, to take advantage of panic. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. Target Stock is Down Nearly 40% From Its High. Yes, it's horrible and I don't know what to do now. For more information, contact opendata@sec.gov. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Both options are priced the same. https://www.law.com/thelegalintelligencer/2021/09/27/defamation-suit-against-research-company-over-alleged-short-and-distort-stock-scheme-alert-moves-to-fed-court/. Culper research countered with a well-timed short report tweeted at 8:05 AM spreading fear in the minds of longs that something was wrong going into the investor call. Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Another bright side is the short report does not have a single mention of PDFSimpli, so if all else fails and the telehealth biz goes to zero at least we have a market cap base of maybe $60-70 million for PDFSimpli lol. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? I bought this stock after Citron recommended it. culper research legitsan juan airport restaurants hours. On the other hand, shorts are always future buyers of your stock. Meanwhile, almost six months after the acquisition, the audit has finally been completed, and Aterian finally filed its (late) numbers with the SEC on May 14. The problem is this is a highly speculative play for most investors. Thus, we assign the incremental $18.0M to RexMD. A recent report by Culper Research contains numerous false and misleading statements about our company. The suit's 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 . 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. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . But that attitude raises a few questions. VERU stock remains an extremely risky bet today. Please. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Accounting issues always cause stress for investors. quotes delayed at least 15 minutes, all others at least 20 minutes. Rivington's association with Culper Jr., and Jr.'s association into the New York City British social environment, clearly places them in contact and since Rivington subsequently provided the British Naval . SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. It's important to remember that there are two sides to every story. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities covered herein. Sometimes when there is "blood in the water" other shorts will jump in as well. Theres even room for more lines. Read the complaint here: To view this content, please continue to their sites. I did some deeper digging though using SEC FOIA request logs and Culper's own posts on twitter in an attempt to pull back the curtain a bit. Article printed from InvestorPlace Media, https://investorplace.com/2022/05/veru-stock-could-face-difficulties-if-the-culper-research-report-is-true/. It is very clear that one of their tactics is to submit FOIA requests for information regarding investigations into companies they are attacking, which if you know the Freedom of Information Act, is information that would never be released to the public. When typing in this field, a list of search results will appear and be automatically updated as you type. About Us| I bought calls just before market close yesterday lol fuck my life. 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 the U.S. Federal Trade Commission (FTC) back in 2018. In 5 minutes of searching, you can see they take partial truths and exaggerate them. On the date of publication, Mark R. Hake did not hold any position (either directly or indirectly) in the securities mentioned in this article. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. However, LifeMD's shares will likely be highly volatile now that this report is out there, and I'd think twice about initiating a position in this healthcare stock anytime soon. 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. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. Yes, the two executives were at Redwood Scientific. The second major issue the Culper report has with Veru is the quality of management. Learn More. Investors could turn away from the company in droves if the researcher's allegations have merit, however. For instance, Culper Research alleges that LifeMD presents misleading information regarding its network of doctors and even uses unlicensed professionals "to dispense OTC medication.". Create an account to follow your favorite communities and start taking part in conversations. Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . Between the Hindenburg "Report" (a series of tweets), some firm called Culper Research (who seems to have a mediocre track record), and multiple YouTube videos, investors have a lot to consider. The Xometry Short Report. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. *Average returns of all recommendations since inception. The report . By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. In its report, Culper Research makes a series of claims concerning LifeMD, its executives, and its operations which, if true, could be devastating to the healthcare company and its shareholders. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. Investors might want to watch out. By downloading from or viewing material on this website you agree to the following Terms of Service. 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 Wall Street, H.C. Wainwright dropped Blink Charging to a Neutral rating from Buy last week on a valuation call that did not allude to any wrongdoing at the company.. Veru has sales revenue from other medical assets it owns. We reserve the right to block IP addresses that submit excessive requests. Please declare your traffic by updating your user agent to include company specific information. By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. 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. Culper makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. What Is the Best EV Stock to Buy Now? For example, on April 11 Veru announced its Covid-19 drug brought down the mortality rate by 55% but the Culper report said that this was a manipulation of how high mortality rates were with Covid-19. 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. However, the language in the response letter uses terms like "we are withholding documents that may be responsive" which Culper and co. are using to lead investors to the conclusion that such records do in fact exist and that an investigation into likely what Culper just detailed in their "report" is ongoing. By using this site, you are agreeing to security monitoring and auditing. Five days later, the short report came public. The two short-sellers claimed that SOS stock was an . Lorem ipsum dolor sit amet, consectetur adipiscing elit. Picture this: Benedict Arnold, one of the United State's (U.S.) most infamous traitors and John Andre are successful in conspiring to attack West Point in 1780 ("The Culper Spy Ring," 2010). Value oriented and event driven investor. Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. Even more recently, yesterday April 13 actually, Culper tweeted the response from the SEC regarding a March 2021 FOIA request for information pertaining to any investigations into SOS, Ltd., $SOS. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Use of Culper Research's ("Culper") research is at your own risk. 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. Published on June 1, 2022 June 3, 2022. The apparent purpose of the Culper Research "report" is to cover or profit from the publisher's short positions in the Company, which the publisher expressly acknowledges holding in the report itself. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Did these scumbags have any insider information? The Motley Fool has a disclosure policy. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any information on this site. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. The Motley Fool has no position in any of the stocks mentioned. 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. Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. Cost basis and return based on previous market day close. lifeguard air ambulance new mexico hassan has plastic surgery hassan has plastic surgery

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