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Defamation Short Selling

Defamation is a false statement, either written or oral, that harms the reputation of another person. In order to recover for defamation, a victim must establish that 1) the statement was false 2) the statement... more +
Defamation is a false statement, either written or oral, that harms the reputation of another person. In order to recover for defamation, a victim must establish that 1) the statement was false 2) the statement was communicated or published to a third party 3) the defendant caused the statement to be communicated or published, either intentionally or at least negligently 4) some harm was suffered as a result. less -
Akin Gump Strauss Hauer & Feld LLP

New York Appellate Division Affirms Dismissal of Public Company’s Defamation Lawsuit Against Short Sellers

Key Points: - On February 9, 2021, the New York Appellate Division, First Department, affirmed the dismissal of a defamation action brought by Eros International plc, an Indian media company, against several short sellers...more

Dechert LLP

New York Appellate Court Decision Offers Guidance for Investors Who Comment Publicly on Stocks in Which They Have a Financial...

Dechert LLP on

In recent weeks, so-called “meme stocks” have demonstrated how statements by investors on social media can have an outsized impact on stock prices. Regulators have said that they are monitoring extreme volatility in certain...more

Akin Gump Strauss Hauer & Feld LLP

New York Court Dismisses Public Company’s Defamation Lawsuit Against Short Sellers

• On March 8, 2019, New York State Supreme Court Justice Joel M. Cohen dismissed a defamation action brought by Eros International plc, an Indian media company, against multiple short sellers who had questioned the accuracy...more

McGuireWoods LLP

A New Shorting Strategy: Short Selling Cybersecurity Vulnerabilities

McGuireWoods LLP on

St. Jude’s Medical has filed a defamation lawsuit against short-seller, Muddy Waters LLC, and cyber-security research company, MedSec Holdings, along with executives at the companies, following allegations by the companies of...more

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