Article: Fact check: Resolved lawsuits against Pfizer alleged marketing fraud, data manipulation

Article - Media, Publications

Fact check: Resolved lawsuits against Pfizer alleged marketing fraud, data manipulation

Adrienne Dunn, 19 May 2021

The claim: Pfizer was sued for $2.3 billion for “bribing doctors and suppressing adverse trial results” A viral social media post suggests that Americans shouldn’t trust Pfizer — one of the primary producers of coronavirus vaccines — because of a 2009 lawsuit against the pharmaceutical company.

The April 26 Instagram post claims, “Pfizer got sued for $2,300,000,000 in 2009 for ‘bribing doctors and suppressing adverse trial results.'”

The caption reads, “And you still trust them ?? With your babies ???” The post appears to be referencing a $2.3 billion settlement by Pfizer in 2009, but it’s misleading about the scope of the allegations relating to the settlement. Continue reading “Article: Fact check: Resolved lawsuits against Pfizer alleged marketing fraud, data manipulation”

Article: Solidus Raises $3 Million in Seed Financing to Tackle Digital Asset Market Manipulation

Article - Media, Publications

Solidus Raises $3 Million in Seed Financing to Tackle Digital Asset Market Manipulation

Business Wire, 25 February 2019

Solidus Labs, provider of a machine learning-powered trade surveillance platform tailored for digital assets, secured a $3 million seed round of financing led by Hanaco Ventures. Additional participants in the round include Global Founders Capital, as well as angel investors and Wall Street veterans David Krell and Norman Sorensen. With the proceeds Solidus’ team of former Goldman Sachs engineers is set to address a major challenge preventing greater institutional and mainstream adoption of digital assets – trade manipulation and market integrity.

Solidus’ web-based platform is already deployed with diverse clients including exchanges, broker-dealers, hedge funds and market makers in Europe, the United States and Israel. The funding round will be used to continue expanding the company’s engineering and machine learning teams, as well as sales, marketing and customer success operations. Solidus is accommodating growing demand from digital asset firms, as those strive to satisfy intensifying regulatory oversight and high compliance standards of traditional financial institutions. Continue reading “Article: Solidus Raises $3 Million in Seed Financing to Tackle Digital Asset Market Manipulation”