SEC Drops Probe Into Gotham Over Report on Grifols' Accounts [Yahoo! Finance]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
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Source: Yahoo! Finance
Most Read from Bloomberg As Wars Rage, Cities Face a Dark New Era of Urban Destruction Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams The Securities and Exchange Commission “concluded the investigation” and does not “intend to recommend an enforcement action” against the hedge fund, according to a letter dated November 6 seen by Bloomberg. The stock market regulator began its investigation in January after Gotham City Research published a report accusing Grifols of misleading reporting, including inflating profits by consolidating units it doesn't own. Grifols previously rejected the allegations, saying Gotham's report contained “false information and speculations,” and has sued in New York. SEC spokesperson David Ausiello said in an email that the SEC does not comment on the existence or nonexistence of a possible investigation. Grifols couldn't immediately comment. After its own review, Spain's markets regulator announced in September that it was openin
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