Article: Catalyst Capital files $450-million lawsuit accusing Anson Funds, West Face of short-selling ‘conspiracy’

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Catalyst Capital files $450-million lawsuit accusing Anson Funds, West Face of short-selling ‘conspiracy’

Barbara Shecter

Financial Post, 8 November 2017

Catalyst Capital Group Inc. has launched a lawsuit against Anson Group Canada, a privately held asset manager with operations in Canada and Texas, and Toronto-based private equity firm West Face Capital Inc., accusing them of participating in a “manipulative ‘short and distort’ campaign.”

The alleged target was publicly traded Catalyst subsidiary Callidus Capital Corp., claims the lawsuit, which dubs the Anson, West Face and several associated and unrelated individuals as “Wolfpack Conspirators.”

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