Cost basis and return based on previous market day close. 2) In April, $VERU announced Phase III results (without full data) of sabizabulin (VERU-111) in hospitalized COVID-19 patients. Join The Legal Intelligencer now! SEC.gov | HOME Aterian Issues Statement on Inaccurate and Misleading Report by Culper To make the world smarter, happier, and richer. 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). Veru has not yet officially responded to Culper's accusations, which are worrying. Christian Lamarco - New York, New York, United States - LinkedIn 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 . LifeMD (NASDAQ: LFMD) dropped 16% after a new short report from Culper Research. 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. 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. Customer Service| It's important to remember that there are two sides to every story. Veru Stock Could Face Difficulties If the Culper Research Report Is True Here's what the company said in part. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Use of Culper Research's("Culper") research is at your own risk. 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. Has anyone attempted to recalculate their marketing cost per website visitor for LFMD vs HIMS. 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? As incriminating as Culper Research's report looks, LifeMD could well have ready and convincing rebuttals to these accusations. 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? So the names of the defendants in the lawsuit against Redwood were as follows. Copyright 2023 InvestorPlace Media, LLC. Alpilean creator (Zach Miller) and medical research editor (Dr. Matthew Gibbs) medically concluded that the longest-lived people on the planet use a "secret trick" on the Alpine ice every night. SALT LAKE CITY, Jan. 21, 2021 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), (" CleanSpark, or "the . Treace Investor Alert - Treace Medical Concepts (NASDAQ:TMCI) By the end of December, when Core filed for Chapter 11 bankruptcy, the firm's stock had plummeted by more than 98%.. 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. 2023 InvestorPlace Media, LLC. Also he was allowed to treat patients via telehealth telehealth while on probation (src). 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. Five days later, the short report came public. This research guide has detailed information about the university's two Washington letters and provides pathways to research materials on the spy ring. In the near term, anything can happen to a stock price. Down 94%, Is Carvana Stock a Buy-the-Dip Opportunity? The Xometry Short Report. 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. 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. Like, within two days of the report, which just adds to the shadiness of the situation. 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. The company generated about $23,100 in revenue for the first half of 2021. 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. Culper Research Read the complaint here: To view this content, please continue to their sites. The Culper Spy Rings was a spy network started by George Washington to get information about the British, during the Revolutionary War. The Company will vigorously and relentlessly defend itself against these actions and against the kind of baseless accusations made by those behind the "report." quotes delayed at least 15 minutes, all others at least 20 minutes. Law.com Radar publishes daily updates on just-filed federal cases like this one. 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. 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. Reference ID: 0.9d8f1402.1677945178.3b82c472. 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 Cable Car website is down right now, but does indicate a connection to an investment partnership with the Funicular Fund. We scour the stock universe for good ideas and specialize in the technology and healthcare sectors, and in special situations in all sectors. Why LifeMD Stock Is Getting Crushed Today | The Motley Fool Spying is a secret business and thus research into it is most difficult. CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Our focus was and continues to be on acquiring high performing businesses that offer opportunities for growth. 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. 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. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. A recent report by Culper Research contains numerous false and misleading statements about our company. 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. In no event should Culper or any affiliated party be liable for any direct or indirect trading losses caused by any . When typing in this field, a list of search results will appear and be automatically updated as you type. The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania with their dedication to law. Cost basis and return based on previous market day close. Culper on Twitter 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." $10/person - Space is limited. Copyright 2023 ALM Global, LLC. Other than that, Culper is a shady short seller that attacks stock on fire with high retail investor base to panic them. 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. The second major issue the Culper report has with Veru is the quality of management. 1125 N. Charles St, Baltimore, MD 21201. VERU Stock Could Face Difficulties If the Culper Research Report Is 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. Culper on Twitter Criminal Allegations, and an ICO Scam . The problem is this is a highly speculative play for most investors. 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. George Washington's Culper Spy Ring: Separating Fact from Fiction Also, apparently, most of the patients in the study were outside of the U.S. 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. 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. Culper Research alleges that the company appears to use unlicensed doctors to dispense OTC medications. Why Veru Stock Got Dented Today | The Motley Fool The Motley Fool has a disclosure policy. The historical nonfiction book i read was titled "George Washington's Secret Six" and it was written by Brian Kilmeade and Don Yaeger. Law Firm Investigating Bitcoin Miner Core Scientific for Alleged On the other hand, the stock dropped 25% . A company that relies on acquisitions to make its revenue go up can be hiding a sales deterioration in the existing business. The Motley Fool has no position in any of the stocks mentioned. Taylor Carmichael has no position in any of the stocks mentioned. Veru has a market capitalization of $750 million at $8.46 as of May 6. CleanSpark Investigating Short Seller Culper Research | Nasdaq 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. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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. This makes them biased, of course, but no more biased than the shareholders who want the stock to go up. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. On the other hand, shorts are always future buyers of your stock. 1001 and 1030). 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? The Patriots (colonists) were fighting against the British, in this war. George Washington and the Culper Spy Ring - Stony Brook University White Diamond Research is a research firm that sells information to hedge funds and high net worth individuals. Value oriented and event driven investor. Link to CULPER RESEARCH https://img1.wsimg.com/blobby/go/cc91fda7-4669-. According to the accounting firm, the numbers are fine. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. These activities include "unlawful autoshipping, abusive telemarketing, and false claims of its products." According to Culper, Aterian acquired the e-commerce brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the "Smash assets") from a convicted felon. On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). Clickhereto get started and be first to know about new suits in your region, practice area or client sector. The report seems to imply that Veru will be another failure just like other drug companies the management has run. 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. Adam s cook | Culper Capital Partners Making the world smarter, happier, and richer. Core Scientific (NASDAQ: CORZ) fell 3.8% after a new short report from Culper Research. Yes, the two executives were at Redwood Scientific. 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. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Research is not investment advice nor a recommendation or solicitation to buy securities. Making the world smarter, happier, and richer. 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. Managing Partner, Chief Investment Officer. Use of Culper Research's("Culper") research is at your own risk. Reddit and its partners use cookies and similar technologies to provide you with a better experience. White Diamond Research | About Us PDF Disclaimer - IA Rugby.com 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. 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. Read the complaint here. What kind of manipulation and block trades? 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. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties intentions as reflected in the provision and rule that the other provisions of these Terms of Service remain in full force and effect, in particular as to this governing law and jurisdiction provision. If these claims prove accurate, LifeMD could face the wrath of lawmakers and regulators. Thus, we assign the incremental $18.0M to RexMD. 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). Aterian issued a press release to respond to the short attack. Culper also . I'm hoping one of you all much smarter people could help here and maybe start to connect some of these dots to pull down the veil a bit from these shady scumbags. I'd love to hear your thoughts on what I've found below and hopefully help connect some of these dots. 831 Words4 Pages. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Such holders only profit on such positions when the stock declines and incur potentially unlimited losses if the price does not decline. Use of Culper Research's ("Culper") research is at your own risk. 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. Alpilean Reviews 2023 - Scam or Legit (Update Alpilean Supplement 2023 Sucks. 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. License our industry-leading legal content to extend your thought leadership and build your brand. 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. A quick scroll through Culper's website yields very little in the way of personnel or address. Treace Shareholder Action Reminder - Treace Medical Concepts (NASDAQ For more information, please see the SECs Web Site Privacy and Security Policy. "LifeMD uses technology to make health care more accessible to people from all walks of life. We conduct extensive financial, legal, and other due diligence, including background checks, on our targets. Thank you for your interest in the U.S. Securities and Exchange Commission. Town square for LifeMD ($LFMD) stakeholders, Press J to jump to the feed. That is because $36 includes all of company's business lines, not just RexMD. WOW Very BOLD and INTENSE claims made by Culper Research about Blink Charging Fraud!! Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Capacity is expected to increase to over 300 PH/s in mining capacity by early 2021. Home - George Washington and the Culper Spy Ring - Research & Subject Overall, it's been ~15 years since I've seen a decent group go after microtubules in cancer. 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. best hunting game for oculus quest 2 culper research legit. In 5 minutes of searching, you can see they take partial truths and exaggerate them. The problem is it has just $116.1 million in cash as of Dec. 31 and is burning through its cash. *Average returns of all recommendations since inception. Just went through LifeMD's annual report and they don't break down marketing expenses per business line. Our 3 Top Picks. Culper Short Report : r/LFMD - reddit If Justin and Stefan were involved in anyway they would have been on the list of named defendants. Are u selling or still holding? 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. 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. Aterian (f.k.a. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? And 9380 has actually been buying more stock in Aterian since it was acquired by the company. Yes and no. culper research legit - creditsolutionexperts.com One concern is that the t otal a ddressable m arket ( TAM) for all forms of . That's what happened to the shorts in the Gamestopfrenzy earlier this year. "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." culper research owner - CLARVI I bought calls just before market close yesterday lol fuck my life. *Average returns of all recommendations since inception. 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. Sign up below to get this incredible offer! Such statements, estimates, projections and opinionsmay prove to be substantially inaccurate and are inherently subject to significant risks and uncertaintiesbeyond Culper's control. CTO Pedretti - Co-Founded Airlight Energy, Which Went Bankrupt and Faces Fraud Accusations Prior to co -founding Energy . We think that if BCII was a fully-legitimate operation, then at the least, it would be able to recruit a legitimate lawyer. 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. The allegations the firm makes are of a nature that most potential investors in Veru stock are likely to read. 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives. 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 . No LFMD executives were charged. Mark Hake writes about personal finance on mrhake.medium.com, Newsbreak.com and Beehiiv.com. I took a deep look into the Culper Research short report and this is what I found.Culper Research short report on Core Scientifichttps://img1.wsimg.com/blobb. u/wallstreetbets crowd? 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. 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"). BLINK $BLNK STOCK | I READ 26 PAGE CULPER RESEARCH - YouTube Please. to two felons and two alleged scam artists, all of whom will be free to dump their stock by August. 1-2, 13). 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. 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. CleanSpark plans to apply its technologies with a goal of mining bitcoins at the lowest energy prices in the United States. 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. "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. To put bluntly the research report implies that Verus Phase 3 study is not likely to succeed in helping VERU-111 obtain a EUA. But that attitude raises a few questions. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. 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. Veru Shares Move Lower; Culper Research Release Short Report On Stock The Great CytoDyn (OTCQB: CYDY) Bear Raid Fails to Impress Apparently, this was not the case . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Site Map, Advertise| Yes, it works for cancers, but it does the same to all normal tissue. Making the world smarter, happier, and richer. Both options are priced the same. Core Scientific stock drops after new short call from Culper Research On November 15, 2022, Culper Research published a short report on Treace (the "Culper Report"). LifeMD, Inc. v. Lamarco, Civil Action 2:21-cv-1273 - Casetext CleanSpark Investigates Anonymous Short Seller. In the tweet thread, Culper wrote that "Veru's top ranks harbor a history of alleged sham science, failure, and misrepresentation" and are "a team of alleged frauds and failures who now tout a COVID-19 drug.". 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. Invest better with The Motley Fool. 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. 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. At just 150 patients, the trial is a .

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