Armistice Capital Used COVID To Juice Vaxart Stock, Jury Told
law360
2 months ago
80 views
Hedge fund Armistice Capital and two of its executives exploited the COVID-19 pandemic to issue press releases that falsely inflated their controlling share in pharmaceutical company Vaxart, then dumped the shares for $250 million before the bottom fell out, investors told a California federal jury at the start of trial Tuesday.
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.