The following law firms are known to be aggressively and simultaneously filing class action solicitations or threats of SEC or civil lawsuits against companies as they are being bashed by naked short sellers in Seeking Alpha or Naked Sold. They should be sued for conspiracy, intimidation, tortious interference, and more. The individual partners, whose bios will appear on this site shortly, should be sued individually.
There is a new sheriff in town. His name is Donald J. Trump. We’re going to make this personal — identifying naked short sellers by name. We will rescind the Holder Memorandum and pass legislation that applies federal RICO to every aspect of financial fraud, inclusive of liberal use of NSA without a warrant. We have every email, every text, every call, every “game” chat.
The Depository Trust & Clearing Corporation (DTCC) is the enabler of naked short selling, a federal crime, and refuses to collaborate with law enforcement on those rare occasions when inquiries are made. The Security Exchange Commission (SEC) and the US Senate Committee on Banking, Housing, and Urban Affairs both appear to be complicit in enabling and covering up naked short selling.
The Holder Memorandum of 16 June 1999 is the equivalent of a “get out of jail free” card for all practitioners of financial fraud, with naked short sellers being the largest group of Wall Street criminals who are not only stealing money at the trillion dollar level, but also destroying innovation and individual entrepreneurs. The Department of Justice — until it overturns the Holder Memorandum and also applies federal RICO to all forms of inter-state financial crime, is complicit in this massive crime against humanity and the Republic. This should be a priority to our President, Donald J. Trump.