NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: F
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Posted On: 10/20/2023 5:05:36 PM
NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Filing of Federal Lawsuit Against Research Firm
FingerMotion (NASDAQ: FNGR), a mobile services and data company, has filed a federal lawsuit against Capybara Research; the lawsuit alleges that Capybara maliciously published a defamatory article in a premediated attempt to move the public market for FingerMotion’s stock lower to benefit from its previously announced short position. FingerMotion filed the complaint in the United States District Court for the Southern District of New York. FingerMotion is working with Mark R. Basile, Esq, and his securities and RICO litigation firm, the Basile Law Firm P.C., to investigate recent activities surrounding the company’s stock performance as well as to take necessary legal action to prevent potential market participants utilizing unlawful means from further hurting FingerMotion shareholders. “We are committed to understanding what has been happening to our stock,” said FingerMotion CEO Martin Shen in the press release. “This action was initiated to reel in any potential unlawful interference with our company’s public market for its stock.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FingerMotion (NASDAQ: FNGR), a mobile services and data company, has filed a federal lawsuit against Capybara Research; the lawsuit alleges that Capybara maliciously published a defamatory article in a premediated attempt to move the public market for FingerMotion’s stock lower to benefit from its previously announced short position. FingerMotion filed the complaint in the United States District Court for the Southern District of New York. FingerMotion is working with Mark R. Basile, Esq, and his securities and RICO litigation firm, the Basile Law Firm P.C., to investigate recent activities surrounding the company’s stock performance as well as to take necessary legal action to prevent potential market participants utilizing unlawful means from further hurting FingerMotion shareholders. “We are committed to understanding what has been happening to our stock,” said FingerMotion CEO Martin Shen in the press release. “This action was initiated to reel in any potential unlawful interference with our company’s public market for its stock.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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