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. Tickets are limited. Culper on Twitter: "It appears $LFMD is once again attempting to bury White Diamond Research | About Us And changing your chief financial officer in the midst of this doesn't exactly reassure. This is set for next Tuesday, May 10. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Use of Culper Research's ("Culper") research is at your own risk. *Average returns of all recommendations since inception. 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. For most investors the likely risks, as outlined by the Culper Research article, probably outweigh the potential upside in Veru stock. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. "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. Published. Veru has a market capitalization of $750 million at $8.46 as of May 6. The Xometry Short Report. The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? culper research legit - creditsolutionexperts.com What Is the Best EV Stock to Buy Now? Yes, it works for cancers, but it does the same to all normal tissue. Kick the day off with a 9:00 a.m. walking tour led by Tri-Spy Tours! 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 . Were short sellers putting together a scam? Thissuit was surfacedby Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. The report lists numerous ethical, integrity, and past performance issues with the key personnel running the company. The Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. For more information, visit https://ATL-DATA.com. 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. So let's take a look at what Culper is saying about Aterian. Where This Leaves Investors in Veru Stock. The Culper Spy Ring was assembled in 1778 by Major Benjamin Tallmadge (alias, John Bolton/721) at the request of General George Washington (711) and operated on Long Island (728) and New York City (727) during the . Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. culper research legitmichelle fleury ancestry. Learn More. To hide from slander cases, perhaps?). Taylor Carmichael has no position in any of the stocks mentioned. Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. 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? 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. Blink Charging (NASDAQ: BLNK) trades lower after short seller Culper Research calls the company a scheme to pillage minority investors to the benefit of insiders. The lock-up on (9380 Macarthur's) massive 16.2% stake expires in June 2021. If you have an ad-blocker enabled you may be blocked from proceeding. A quick scroll through Culper's website yields very little in the way of personnel or address. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. Veru has sales revenue from other medical assets it owns. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ 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. 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 . Site Map, Advertise| That's what happened to the shorts in the Gamestopfrenzy earlier this year. 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. 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. 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. 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. As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. 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. PDF Disclaimer - IA Rugby.com At just 150 patients, the trial is a . | Learn more about Christian Lamarco's work experience, education, connections & more by visiting their profile on LinkedIn 2023 InvestorPlace Media, LLC. The Motley Fool has a disclosure policy. Short-sellers Hindenburg Research and Culper Research said on Friday they have taken a short position on Chinese blockchain firm SOS Ltd's stock, sending the company's shares down 23%. Veru has a market capitalization of $750 million at $8.46 as of May 6. The tweet indicated there were two requests submitted; one in May 2020 and another in September 2020. Shouldn't you, at a minimum, audit the financials before you pay $25 million in cash, and give up 4.22 million shares ($60 million at current prices), and agree to acquire a $15 million promissory note? 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. An immediate avalanche of selling started at the open of the 6th, suggesting that news of the basket trial was a bad thing. 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. Our Team Account subscription service is for legal teams of four or more attorneys. Published on June 1, 2022 June 3, 2022. Nevertheless, if somehow the FDA does give its Covid-19 vaccine a EUA, all bets are off on the stock. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. 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 . Since RexMD's founding, sales and marketing have ballooned to $20.0M in Q4 2020. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. PDF Disclaimer - IA Rugby.com 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? 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. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Yes, in the short term, a short attack on a small cap will often send shares down, and Aterian's stock has dropped 35% since the report came out. Will Aterian stock recover from this short attack? Culper has no identity other than a webpage, with no information (no address, about us, anything - wonder why the anonymity? We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions. However, the only problem is that there is a research report dated May 2 from a short-seller firm, Culper Research. 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. They short the company, post these reports, and reap the benefits of people over reacting. Investors might want to watch out. 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. To make the world smarter, happier, and richer. Lawyers at Cozen OConnor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. If you can't trust management, or its numbers, you really shouldn't be in a stock. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. 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. Please declare your traffic by updating your user agent to include company specific information. Click to reserve your spot! Use of Culper Research's ("Culper") research is at your own risk. By downloading from or viewing material on this website you agree to the following Terms of Service. The most trusted brand in stock market news; Fatest intelligence & alerts; Active trader chat rooms; Option trade alerts; Only comprehensive mobile notifications solution Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. Also he was allowed to treat patients via telehealth telehealth while on probation (src). Just another manipulative scare tactic that I wouldn't be surprised if they use against LifeMD next. Making the world smarter, happier, and richer. A recent report by Culper Research contains numerous false and misleading statements about our company. Cost basis and return based on previous market day close. In reality, they are simply conspiring to drive down the prices of stocks they take short positions in. The two short-sellers claimed that SOS stock was an . But that attitude raises a few questions. Adam s cook | Culper Capital Partners Why LifeMD Stock Is Getting Crushed Today | The Motley Fool 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. VERU Stock Could Face Difficulties If the Culper Research Report Is George Washington's Culper Spy Ring: Separating Fact from Fiction 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. Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Only bright sides I can see are that none of the allegations suggest that the revenue is fake, so were still talking about a company poised to do $90M in rev this year, and that management will know theyre under a microscope and should be incentivized to clean up their act. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Veru Shares Move Lower; Culper Research Release Short Report On Stock Not only has Aterian has not disclosed that its largest acquisition was from a felon who served prison time, but despite 5 elapsed months, the Company has failed to provide audited financials for the Smash Assets, leaving its S-3 shelf filing ineligible. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. CLEANSPARK INVESTIGATING SHORT SELLER CULPER RESEARCH . Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! One concern is that the t otal a ddressable m arket ( TAM) for all forms of . Telehealth Co. Accuses Short Sellers Of Defamation-For-Profit Aterian Issues Statement on Inaccurate and Misleading Report by Culper Mariner Research Group - Deep research in a shallow world The problem is this is a highly speculative play for most investors. For that matter, changing the name of your company a week before a short attack might make people nervous, too. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. 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. On May 4, an anonymous short seller, "Culper Research," launched an attack on Aterian (ATER), a company that uses artificial intelligence to find, acquire, and launch popular consumer goods businesses. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Mr. Adam S. Cook is a co-founder and Chief Investment Officer at Culper Capital Partners ("CCP"). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. what are you doing after this report? 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. Use of Culper Research's("Culper") research is at your own risk. These statements are based on CleanSpark's current beliefs and expectations. Holders of short positions trade on an expected decline in the price of a stock. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. CleanSpark Investigates Anonymous Short Seller. TICKETED EVENTS on Culper Spy Day. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . Culper Research also notes that some of LifeMD's current executives were implicated in the Redwood scandal, either as employees of the company directly involved in these crimes or as major shareholders. However, such information is presented as is, without warranty of any kind whether express or implied. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . I do wish to raise two issues: Rivington and my background. 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. All rights reserved. The report seems to imply that Veru will be another failure just like other drug companies the management has run. Research is not investment advice nor a recommendation or solicitation to buy securities. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). LFMD responded to short report, denying the claims and will report something in detail soon. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . VERU stock remains an extremely risky bet today. from 8 AM - 9 PM ET. Spying is a secret business and thus research into it is most difficult. Are the Short Sellers Right About Aterian? | The Motley Fool - Nasdaq That is because $36 includes all of company's business lines, not just RexMD. 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. Please disable your ad-blocker and refresh. "We believe that the Company has . Culper on Twitter 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. All Rights Reserved. Dissecting the Xometry Stock Short Report - Nanalyze The complaint, over an alleged short-and-distort stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. CleanSpark Investigating Short Seller Culper Research - PR Newswire 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! Create an account to follow your favorite communities and start taking part in conversations. 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. Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 "LifeMD uses technology to make health care more accessible to people from all walks of life. 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. Press question mark to learn the rest of the keyboard shortcuts. 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 . Agreed, this is pretty shitty but have to wait for the response. The Culper Ring During The Revolutionary War | ipl.org Jan 21, 2021 1:53PM EST. But there are some warning signs here. It looks very bad . Don't miss the crucial news and insights you need to make informed legal decisions. 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. On December 3, 2020, Culper tweeted regarding a FOIA request for information from SEC on any investigations into a company called CytoDyn $CYDY. The Patriots (colonists) were fighting against the British, in this war. On the other hand, the stock dropped 25% . The researcher is also highly unimpressed with the executives guiding the company. 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. Some research into Culper Research. I bought calls just before market close yesterday lol fuck my life. Although we identified the historical legal concerns raised in the report, they were unrelated to the acquired businesses. 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. 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. 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. This suit was surfaced by Law.com Radar. 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 . Investors could turn away from the company in droves if the researcher's allegations have merit, however. Is this a bad sign for your stock? Aterian issued a press release to respond to the short attack. On April 29, the company rebranded from Mohawk Group Holdings to Aterian. The short is also correct that the 9380 lockup expires in June, which means that Aterian's biggest shareholder will be free to start selling shares that were acquired for pennies. One of the nice things about shorts is that you can always count on them to bring up every possible negative about a stock. Culper is an anonymous short-seller that refuses to disclose the individuals or entities behind it. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. 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. Your article was successfully shared with the contacts you provided. culper research legit While the short report is lengthy, here is part of what Culper said. Copyright 2023 ALM Global, LLC. 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. Apparently, this was not the case . Skip to Main Content. 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 Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War.