(Photo: Adobe Stock) Defamation Suit Against Research Company Over Alleged 'Short-and-Distort' Stock Scheme Alert Moves to Fed Court
This suit was surfaced by Law.com Radar. Read the complaint here.
September 27, 2021 at 11:57 AM
1 minute read
Financial Services and Banking
Lawyers at Cozen O'Connor on Thursday removed a defamation lawsuit against Culper Research and owner Christian Matthew Lamarco to Pennsylvania Western District Court. The complaint, over an alleged 'short-and-distort' stock scheme, was filed by Gordon Rees Scully Mansukhani on behalf of LifeMD Inc., CEO Justin Schreiber and CTO Stefan Galluppi. The suit's defamation claims center on a Culper report and 'investor alerts' accusing LifeMD principals of engaging in fraud at a previous company and using unlicensed doctors to dispense medications. The case is 2:21-cv-01273, Lifemd, Inc et al v. Lamarco et al.
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