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0.115107913669065 0.115107913669065 0.115107913669065 0.18705035971223 -0.0179856115107913 -0.0287769784172662 0.00719424460431655 -0.00539568345323745
Stock impact report

Christian Attar Files Market Manipulation Case On Behalf of Quantum Biopharma

Quantum Biopharma Ltd. - Class B Subordinate Voting Shares (QNTM) 
Company Research Source: PR Newswire
HOUSTON, Oct. 28, 2024 /PRNewswire/ -- On Sunday, Christian Attar ("CA"), with co-counsel Freedman Normand Friedland, filed a market manipulation case on behalf of a firm client, Quantum Biopharma Ltd. (Nasdaq: QNTM) (CSE: QNTM), against CIBC World Markets, Inc. ("CIBC"), RBC Dominion Securities Inc. ("RBC"), and others.In the complaint, Quantum Biopharma alleges that the defendants manipulated the price of its stock more than a thousand times over a four-year period, and that the defendants' manipulative trading practices caused significant harm to both Quantum Biopharma and its shareholders. Specifically, Quantum Biopharma alleges that the defendants repeatedly engaged in repetitive and persistent "spoofing" - a form of unlawful market manipulation whereby traders place sell-side orders they don't intend to fill, in order to put downward pressure on the price of a security so they can purchase it at an artificially low price. Quantum Biopharma further alleges that it was harmed by t Show less Read more
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