Article: VirnetX Class Accuses Big Brokers of Naked Short Sales

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VirnetX Class Accuses Big Brokers of Naked Short Sales

Chris Fry

Courthouse News Service, 19 December 2016

Investors claim in a federal class action that Goldman Sachs and other banking giants suppressed the share price of VirnetX, “a leader in mobile security technology.”

In addition to Goldman Sachs, the Dec. 14 complaint in Bergen County Superior Court takes aim at Merrill Lynch, Credit Suisse, TD Ameritrade, Charles Schwab and the Bank of New York Mellon. The case is the Top Download for Courthouse News on Monday.

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