Why Veru Stock Plummeted on Monday | The Motley Fool SOS Stock: Is it Buy the Bounce or Run Like Hell? Sucks. Culper describes Xometry as "an increasingly commoditized middleman for engineers and tinkerers seeking prototyping and small run parts," a description that matches our recent piece on Distributed Manufacturing - A Case Study Unfolding. 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. The report seems to imply that Veru will be another failure just like other drug companies the management has run. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 1001 and 1030). 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. 1125 N. Charles St, Baltimore, MD 21201. Accounting issues always cause stress for investors. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Use of Culper Research's("Culper") research is at your own risk. Apparently, this was not the case . Copyright 2023 InvestorPlace Media, LLC. Learn More. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Your article was successfully shared with the contacts you provided. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. 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. Sometimes when there is "blood in the water" other shorts will jump in as well. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. . Read the complaint here. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. More recently, Culper tweeted the response from SEC on a FOIA request for records pertaining to any investigations into OrthoPediatrics Corp., $KIDS. Culper on Twitter That could potentially be a turning point for Veru stock. 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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. 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. For that matter, changing the name of your company a week before a short attack might make people nervous, too. For more information, please see the SECs Web Site Privacy and Security Policy. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! The Motley Fool has no position in any of the stocks mentioned. Im holding on to see the company response. Veru Stock Could Face Difficulties If the Culper Research Report Is True 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. Significant to regional and national historical narratives, SBU's letters were authored in 1779 and 1780 and document espionage activities in the Three Village area of Long Island, New York, the . Home; About us; Contact us; Twitter Seeking Alpha Stocktwits; . culper research legit - zoom-content.com Guys, this is a classic short attack. $10/person - click to reserve your spot! That request was submitted in December 2020 and according to the SEC FOIA request logs, was done so by a Jeff Bourland linkedin on behalf of an unknown entity, perhaps the "Family Office" listed on his Linkedin. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. Veru Shares Move Lower; Culper Research Release Short Report On Stock Culper alleges that Core Scientific "wildly oversold" both its mining and hosting business. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Treace Medical plunges on new short report from Culper Research To other RS execs were laundering money (husband and wife). We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. *Average returns of all recommendations since inception. Plaintiffs also allege that "on information and belief, Lamarco is the sole member of Culper Research; owns and controls Culper Research; and, at all relevant times, directed, authorized, and/or was responsible for false and defamatory statements made about, and tortious acts against, Plaintiffs by Culper Research." (ECF No. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. 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. Don't miss the crucial news and insights you need to make informed legal decisions. $3.6MM ADDITIONAL, PREVIOUSLY CONCEALED, RELATED PARTY - Yahoo! No LFMD executives were charged. Please. Nasdaq Yes, it's horrible and I don't know what to do now. 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 . And, the marketing expense for RexMD by Culper is just an "estimate". To hide from slander cases, perhaps?). The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. 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? The Culper Research report was also cited in a November 2022 class action lawsuit, which alleged that Core Scientific failed to disclose a series of adverse . To make the world smarter, happier, and richer. Time to Buy? LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Published. Culper Research Does someone more knowledgeable than me have any insight into these numbers ? Not a Bloomberg Law Subscriber?Subscribe Now. PDF Disclaimer - IA Rugby.com best hunting game for oculus quest 2 culper research legit. SEC.gov | HOME The Motley Fool has a disclosure policy. But they were not involved in any fraudulent activity. You agree that the information on this website is copyrighted, and you therefore agree not to distribute this information (whether the downloaded file, copies / images / reproductions, or the link to these files) in any manner other than by providing the following link . culper research legitsan juan airport restaurants hours. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. 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! Aterian (f.k.a. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. They do this behind a wall of relative anonymity which is curious given their apparent altruistic intentions of "protecting investors" would lend you to think they would want to be praised for their support for all the poor little guys like us. What Is the Best EV Stock to Buy Now? Veru has not yet officially responded to Culper's accusations, which are worrying. 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 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. Prior to co-founding Culper Capital Partners, he served as Majority Shareholder, Chairman & CEO of Glebar Company ("Glebar"), a role which he held from April 2013 to March 2020. That's what happened to the shorts in the Gamestopfrenzy earlier this year. The Motley Fool has a disclosure policy. 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. Honestly, we are letting them win with this plummeting over-reaction. Spying is a secret business and thus research into it is most difficult. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. from 8 AM - 9 PM ET. 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. Theres even room for more lines. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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. Are u selling or still holding? "We believe that the Company has . To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. 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. Holders of short positions trade on an expected decline in the price of a stock. 831 Words4 Pages. Use of Culper Research's ("Culper") research is at your own risk. In 5 minutes of searching, you can see they take partial truths and exaggerate them. I Got the 'SOS', So Here's My Take on the Stock's Saga Investors should probably take this allegation with a grain of salt, as Culper Research is an anonymous outfit and the author of the report is a mystery. According to the accounting firm, the numbers are fine. Culper on Twitter 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. Why would the block trades be significantly lower than current stock price at the time? The Patriots (colonists) were fighting against the British, in this war. 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. 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/. 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. Investors should probably take this allegation with a grain of salt, as Culper Research is an anonymous outfit and the author of the report is a mystery. Site Map, Advertise| 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..