Join The Legal Intelligencer now! 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. Apparently, this was not the case . Are u selling or still holding? Mohawk Group Holdings) was founded by . But that attitude raises a few questions. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). The Motley Fool has no position in any of the stocks mentioned. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. 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. CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges. Your article was successfully shared with the contacts you provided. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. Aterian issued a press release to respond to the short attack. However, such information is presented as is, without warranty of any kind whether express or implied. The Patriots hoped to gain freedom from Britain, liberty, and equality by winning the war. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Law.com Radar publishes daily updates on just-filed federal cases like this one. CleanSpark, Inc. Investor Relations(801) 244-4405[emailprotected], Cision Distribution 888-776-0942 On October 31, 2019, Culper Research published a scathing report detailing reasons Culper Research believes the Company's internal review "was a farce, and shares are ultimately worthless." Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. PDF Disclaimer - IA Rugby.com The SEC logs have not been posted yet for March 2021 requests, but I will update that once they become available. Reference ID: 0.9d8f1402.1677945178.3b82c472. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. This suit was surfaced by Law.com Radar. Culperspyday Tri-Spy Tours White Diamond Research | About Us 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 . The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . Note: We do not offer technical support for developing or debugging scripted downloading processes. A recent report by Culper Research contains numerous false and misleading statements about our company. Theres even room for more lines. More importantly, I want to know why the stock went from $18 to $12 between the earnings and the short report. They short the company, post these reports, and reap the benefits of people over reacting. culper research legitsan juan airport restaurants hours. Is This Warren Buffett Stock a Buy After Its Dividend Boost? 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. For some reason, Jacob appears to be very opposed to crypto which may tie in to Culper's short attacks on $SOS, but that is pure speculation on my part. The researcher is also highly unimpressed with the executives guiding the company. The members of the culper spy ring are an excellent example of the ordinary people that risked their lives to create . To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. After they cash in on the Short, they then turn around and ride the wave back up, which happens to most companies they've done this to. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Research is not investment advice nor a recommendation or solicitation to buy securities. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution For example, if it has to redesign the study and start from scratch the costs could go up. 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 . Is this happening to you frequently? Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 Cost basis and return based on previous market day close. If you can't trust management, or its numbers, you really shouldn't be in a stock. *Average returns of all recommendations since inception. *Average returns of all recommendations since inception. Redwood Scientific Technologies (parent company of RengaLife), Danielle Cadiz (a Redwood executive since December 2016), Advanced Mens Institute Prolongz LLC (Redwoods prior company name), Run Away Products LLC (New York company used to advertise Redwood products) and, Carols Place Limited Partnership (a related asset management limited partnership, owned by the Cardiffs). Lawsuit filed for Investors in shares of SOS Limited (NYSE: SOS) One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. Aterian (f.k.a. Veru Inc. (VERU) fell 6.7% after Culper Research released another short report on the oncology-focused biopharmaceutical company.Culper alleged in the report that at baseline, the. Press question mark to learn the rest of the keyboard shortcuts. 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. 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. This response seems to concede that the company acquired the business from somebody convicted of crimes ("we identified the historical legal concerns raised in the report"), but that it judged the information irrelevant ("unrelated to the acquired businesses"). Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. He was the original owner of Roe Tavern in Setauket,N.Y. PDF Disclaimer - IA Rugby.com 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. 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. On the other hand, the stock dropped 25% last week and the company felt the need to respond to the allegation. Special Collections, a division of Stony Brook University Libraries (SBU Libraries) is the owner and steward of two American Revolutionary War-era, Culper Spy Ring letters authored by George Washington. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress For more information, visit https://ATL-DATA.com. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." The Xometry Short Report. Please. Veru Shares Move Lower; Culper Research Release Short Report On Stock Copyright 2023 Culper Research - All Rights Reserved. The Company also owns and operates a fleet of over 3,400 ASIC (application-specific integrated circuit) Bitcoin miners producing over 200 PH/s in mining capacity. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. 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. 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. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. Sucks. Does someone more knowledgeable than me have any insight into these numbers ? 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. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. SOS Stock: Is it Buy the Bounce or Run Like Hell? 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. They have a financial motivation for doing so -- they want the stock price to go down. Like, within two days of the report, which just adds to the shadiness of the situation. 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. 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. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Adam s cook | Culper Capital Partners CleanSpark Investigating Short Seller Culper Research. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. quotes delayed at least 15 minutes, all others at least 20 minutes. Under Mr. Cook's . 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 . Criminal Allegations, and an ICO Scam . Veru Stock Could Face Difficulties If the Culper Research Report Is True For more information, please see the SECs Web Site Privacy and Security Policy. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext And 9380 has actually been buying more stock in Aterian since it was acquired by the company. TICKETED EVENTS on Culper Spy Day. 1125 N. Charles St, Baltimore, MD 21201. 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. Among its raft of accusations, Culper wrote that the trial is significantly smaller than those conducted for other COVID drug candidates and demonstrated a worryingly high mortality rate. The rather eclectic biotech -- it has a female contraceptive product, FC2, on the market, and is developing cancer drugs -- has attracted much interest because of the apparently promising sabizabulin. 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. Sign up below to get this incredible offer! Is this a bad sign for your stock? This is set for next Tuesday, May 10. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. culper research legit - zoom-content.com 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. In 5 minutes of searching, you can see they take partial truths and exaggerate them. 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. The Culper Report expressed the "view that Treace's primary innovation has not been in any sort of . 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 http://www.culperresearch.com The failure of Culper to exercise or enforce any right or provision of these Terms of Service shall not constitute a waiver of this right or provision. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Feel like going after another group of asshole short sellers trying to screw over us regular investors? 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 . 2023 InvestorPlace Media, LLC. Dissecting the Xometry Stock Short Report - Nanalyze Veru has a market capitalization of $750 million at $8.46 as of May 6. The Motley Fool recommends Aterian, Inc. Skip to Main Content. Cost basis and return based on previous market day close. 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. If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. Short-sellers take aim at Chinese blockchain firm SOS, shares tumble Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq And changing your chief financial officer in the midst of this doesn't exactly reassure. Culper on Twitter Press question mark to learn the rest of the keyboard shortcuts. Culper also . The report . 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. Women, Influence & Power in Law UK Awards 2023, Legalweek Leaders in Tech Law Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? 1125 N. Charles St, Baltimore, MD 21201. 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? 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? However, such information is presented as is, without warranty of any kind whether express or implied. In December 2020, Aterian purchased 9380 Macarthur LLC ("the Smash Assets") from (a) convicted felonwho also appears to be late on $4.1 million of taxes to the State of California. 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. 1-2, 13). Guys, this is a classic short attack. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. Did these scumbags have any insider information? Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. Short-Seller's Note is Short on Credibility, LifeMD Says Create an account to follow your favorite communities and start taking part in conversations. According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. Use of Culper Research's("Culper") research is at your own risk. Nonetheless the six month delay in reporting is worrisome. Our 3 Top Picks. Don't miss the crucial news and insights you need to make informed legal decisions. The Austin-based company went public on the Nasdaq via a special purpose acquisition vehicle, or SPAC, in January 2022. Here's what the company said in part. Verified account Protected Tweets @; Suggested users 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. LFMD execs were not involved, and left the company. 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. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Published. Jan 21, 2021 1:53PM EST. $10/person - click to reserve your spot! 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! Spying is a secret business and thus research into it is most difficult. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . What kind of manipulation and block trades? 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 . Veru(NASDAQ:VERU) is set to discuss on May 10 with the Food and Drug Administration a pre-Emergency Use Authorization (EUA) meeting for its Phase 3 Covid-19 drug, sabizabulin (VERU-111). 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. In this conversation. By downloading from or viewing material on this website you agree to the following Terms of Service. 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 also invite anyone who has any information regarding the persons or entities behind Culper Research to contact the Company at the Investor Relations email address or contact number provided below. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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. Read the complaint here. Use of Culper Research's ("Culper") research is at your own risk. The book talks about a group of spies known as the culper spy ring. Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. 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. 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. 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 . Home - George Washington and the Culper Spy Ring - Research & Subject That is because $36 includes all of company's business lines, not just RexMD. Will Aterian stock recover from this short attack? Learn More. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. The Motley Fool has a disclosure policy. At least we have some idea what the manipulation and block-trades that drove this down from $18 to $12 were (culper & friends getting into proper short position before dropping this report). Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more.
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