Article: Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021

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Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021

The Rosen Law Firm PA, 20 July 2021

Rosen Law Firm, a global investor rights law firm, announces the updated July 27, 2021 lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including American Airlines Group Inc. (NASDAQ: AAL), AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB), Bed Bath & Beyond Inc. (NASDAQ: BBBY), GameStop Corp. (NYSE: GME), Express (NYSE: EXPR), Koss Corporation (NASDAQ: KOSS), Naked Brand Group (NASDAQ: NAKD), Nokia Corporation (NYSE: NOK), Sundial Growers, Inc. (NASDAQ: SNDL), Tootsie Roll Industries (NYSE: TR), and Trivago NV (NASDAQ: TRVG) (collectively, the “Affected Securities”) on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)). Continue reading “Article: Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021”

Article: Shell company hijack: Men used SEC filings, fake press releases for stock pump-and-dump scam, feds say

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Shell company hijack: Men used SEC filings, fake press releases for stock pump-and-dump scam, feds say

Dan Mangan, 18 June 2021

Three men engaged in a brazen scheme to “surreptitiously hijack” and take over dormant shell companies, whose stock they then fraudulently inflated to dump to unwitting investors, according to charges in an indictment that was unsealed Friday.

The men from 2017 through 2019 allegedly used fake resignation letters to seize control of four shell companies and then used the Securities and Exchange Commission’s EDGAR public filing system and bogus press releases to fraudulently “pump up” their share prices by claiming new business opportunities, the indictment says. Continue reading “Article: Shell company hijack: Men used SEC filings, fake press releases for stock pump-and-dump scam, feds say”

Article: Money returned to victims of nearly $2 billion Ponzi scheme totals $722 million

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Money returned to victims of nearly $2 billion Ponzi scheme totals $722 million

MARY DIVINE, 15 June 2021

Doug Kelley has been working since 2008 to help organizations and individuals who lost billions in the Twin Cities businessman Tom Petters’ Ponzi scheme, the biggest financial crime in Minnesota history.

The bankruptcy trustee’s search to collect assets linked to Petters’ $1.925 billion scheme spanned 26 countries, including the Cayman Islands, Luxembourg, Germany, Switzerland, the Netherlands and the British Virgin Islands.

Now, after 13 years, he says his work is almost done. Continue reading “Article: Money returned to victims of nearly $2 billion Ponzi scheme totals $722 million”

Article: Jho Low Mounted Secret Lobbying Campaign Over 1MDB Probe, U.S. Says

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Jho Low Mounted Secret Lobbying Campaign Over 1MDB Probe, U.S. Says

David Yaffe-Bellany, David Voreacos, and Patricia Hurtado, 11 June 2021

A Malaysian financier and a former member of hiphop trio the Fugees were accused in a new indictment of illegally lobbying the Trump administration to drop an investigation tied to the 1MDB global bribery scandal and remove a Chinese dissident from the U.S.

A federal grand jury on Thursday returned a superseding indictment against Low Taek Jho, also known as Jho Low, and Prakazrel “Pras” Michel, according to a Justice Department statement Friday. Continue reading “Article: Jho Low Mounted Secret Lobbying Campaign Over 1MDB Probe, U.S. Says”

Article: Crown stuffs $630m under the bed, betting on rainy days ahead

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Crown stuffs $630m under the bed, betting on rainy days ahead

Elizabeth Knight, 24 May 2021

At first glance there doesn’t appear to be an obvious nexus between alleged fresh money laundering claims against Crown Resorts revealed during Monday’s Victorian royal commission and the company’s decision not to redeem $630 million of subordinated notes.

For that matter, most wouldn’t join the dots between Crown’s decision to not pay out its noteholders and claims by the Victorian gaming regulator last week that it was misled by Crown about the arrests of 19 of its China staff back in 2016.

Crown paints a portrait of itself as a now conservative company that wants to maintain its liquidity in the face of the COVID-induced sporadic closures of its venues or changes to their operating conditions. Continue reading “Article: Crown stuffs $630m under the bed, betting on rainy days ahead”

Article: Form 424B5 Farmmi, Inc.

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Form 424B5 Farmmi, Inc.

Toppan Merrill/FA, 23 March 2021

We are offering 6,469,467 ordinary shares, at a public offering price of $1.15 per ordinary share, pursuant to this prospectus supplement and the accompanying prospectus. See “Description of Ordinary Shares” in the accompanying prospectus for more information.

The ordinary shares trade on The Nasdaq Capital Market, or Nasdaq, under the symbol “FAMI”. On March 18, 2021, the last reported price of the ordinary shares on Nasdaq was $1.38 per ordinary share.

On March 19, 2021, the aggregate market value of our ordinary shares held by non-affiliates was approximately $16,260,024, based on 21,114,303 ordinary shares outstanding, 11,614,303 of which are held by non-affiliates, and a per ordinary share price of $1.40 based on the closing sale price of our ordinary shares on Nasdaq on March 19, 2021. We have not sold any of our ordinary shares pursuant to General Instruction I.B.5 on Form F-3 during the prior 12 calendar month period that ends on and includes the date hereof (but excluding this offering).

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Robert Steele: The Rigging Continues, SEC & DTCC Lying Again

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DTCC is a “self-regulating organization” which is code for Licensed to Steal with Impunity.  The SEC and DTCC (and the Senate Banking Commission and the US Attorney for the Southern District of New York) are RICO organizations. The fraud continues apace.

Alert Reader comments:

Continue reading “Robert Steele: The Rigging Continues, SEC & DTCC Lying Again”

Author: Michael Lewis

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Michael Monroe Lewis  (born October 15, 1960) is an American author and financial journalist. He has also been a contributing editor to Vanity Fair since 2009, writing mostly on business, finance, and economics. He is known for his non-fiction work, particularly his coverage of financial crises and behavioral finance.

Lewis was born in New Orleans and attended Princeton University where he graduated with a degree in art history. After attending the London School of Economics, he began a career on Wall Street during the 1980s as a bond salesman at Salomon Brothers. The experience prompted him to write his first book, Liar’s Poker (1989). Continue reading “Author: Michael Lewis”

Article: DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here’s Why That’s Important

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DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here’s Why That’s Important

Wayne Duggan, Benzinga, 24 February 2021

ROBERT STEELE: This article is such crap. As if DTCC had not willfully covered up $100 trillion in naked short counterfeit sales these past 15-20 years. Until DTCC is given a porcupine enema and we sent DOJ, FBI, and US Southern District Attorneys to jail for life for treason — enabling foreign collusion and domestic crime against the US economy — for life, this will not change.

Article: Meet Patrick Byrne: Bitcoin Messiah, CEO of Overstock, Scourge of Wall Street

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Meet Patrick Byrne: Bitcoin Messiah, CEO of Overstock, Scourge of Wall Street

Cade Metz, WIRED, 18 February 2021

The problem with the modern economy, Byrne says, is that it rests on the whims of our government and our big banks, that each has the power to create money that’s backed by nothing but themselves. Thanks to what’s called fractional reserve banking, a bank can take in $10 in deposits, but then loan out $100. The government can make more dollars at any time, instantly reducing the currency’s value. Eventually, he says, laying down a classic libertarian metaphor, this “magic money tree” will come crashing down.

Continue reading “Article: Meet Patrick Byrne: Bitcoin Messiah, CEO of Overstock, Scourge of Wall Street”

Letter: Marc Cohodes to Judge Jed Rakoff

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PDF (5 Pages): 20210218-Cohodes Submission Against Petit

“Second, Mr. Cohodes has never engaged in naked short selling (that is, he trades through brokers who find shares for him to borrow and he pays high interest fees to maintain his short positions). He was never part of any concerted illegal campaign to target MiMedx; his actions were his own.”

Comment: The above statement by a lawyer is easily challenged in court with evidence. Mr. Cohodes appears to be panicking. This time around it will cost him 10X to 100X what he was forced to pay Patrick Byrne.  We have it all. The matter of compromised judges and DOJ and SCC as a RICO organization are also on the table. DTCC will not survive a Special Prosecutor.

Article: How to Break the Kneecaps of Wall Street Sociopaths Before It’s too Late: Ferdinand Pecora Revisited

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How to Break the Kneecaps of Wall Street Sociopaths Before It’s too Late: Ferdinand Pecora Revisited

Matt Ehret, SubStack, 18 February 2021

If America and the western order is to somehow find its moral fitness to survive and if a world war is to be avoided in the coming near-term future, then certain fundamental banking reforms will be needed. Among the most important of these reforms will be a breaking up of banking activities into two categories under a renewal of the Glass-Steagall bank reform which was repealed by Bill Clinton in 1999. These two categories would include: 1) speculative trash and illegitimate usury which must be “deleted” under a debt jubilee and 2) legitimate savings and other useful commercial banking activities tied to “real” values without which society couldn’t sustain itself.

Faced with these revelations, The Nation magazine famously reported “If you steal $25, you’re a thief. If you steal $250 000, you’re an embezzler. If you steal $2.5 million, you’re a financier.”

Read full article.

Comment: The House of Morgan was a British operation. The UK is the main enemy of the USA.  Rothschilds/Israel/Vatican as well. Time everyone got this.

Article: In the ‘Reddit vs Wall Street’ Battle, Muddy Waters sees a Smokescreen of Internecine Warfare Between Hedge Funds

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SCMP | 21.02.02

“When we get tagged as establishment, you can’t be more inaccurate than that,” he said. “It’s almost funny if it weren’t for the fact that I now have all these people trying to troll me.” What Block agrees with is the growing sense that financial markets are overvalued and predominantly small investors will be hurt when the bubble finally bursts. He faults the Federal Reserve for pumping in too much liquidity, allowing for too much credit extension and too much leverage.

Continue reading “Article: In the ‘Reddit vs Wall Street’ Battle, Muddy Waters sees a Smokescreen of Internecine Warfare Between Hedge Funds”