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.
Mark Cohodes posted this to his “private” twitter:
Robert Steele, intelligence professional, responded:
NOTE: Mr. Cohodes is believed to be well aware there were 50 million counterfeit shares. Evidence of both that fact and his knowledge of and engagement with that fact can be presented to a court court. Mr. Cohodes should have his day in court — in fact, he should have many days in many courts in CA, UK, and US. Tik tok, tik tok . . .
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Videos @ Financial Crime
Hedge Fund Sues Brokers Alleging Naked Shorting In Now Defunct Concordia Health
Tyler Durden, Zero Hedge, 16 February 2021
Several major international brokers have been sued by a Bermuda hedge fund that claims the brokerages coordinated “abusive” naked short selling and spoofing strategies in US and Canadian markets. The suit revolves around the former Concordia Health, which was highly leveraged and ultimately went bankrupt after controversy about price gouging.
CIBC, Bank of America, UBS and TD Bank are among those named as defendants in a lawsuit filed by Harrington Global Opportunity Fund in the US District Court for the Southern District of New York, according to Securities Finance Times.
Read full article.
International brokers sued over naked short selling allegations
Alex Pugh, SecuritiesFinanceTimes, 12 February 2021
CIBC, Bank of America, UBS and TD Bank stand accused of coordinating “abusive” naked short selling and spoofing strategies in US and Canadian stock markets by a Bermuda hedge fund that claims to have lost tens of millions of dollars as a result.
Read full article.