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Short Seller Andrew Left Asks Judge to Dismiss SEC Fraud Case [Yahoo! Finance Canada]
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Most Read from Bloomberg Left, 54, is facing both criminal and civil cases alleging he and his firm, Citron Research, misled investors with inflammatory social media posts setting “extreme” target prices in hopes of nudging stock prices long enough for him to make profitable trades. On Friday, Left moved to have the SEC suit tossed. He hasn't yet made a similar filing in the parallel criminal case. Both cases are in federal court in Los Angeles and stem from a multi-year government probe into the short-selling industry. A number of other short sellers have beefed up their disclaimers in response to the charges. The SEC accused Left of fraud on the grounds that he failed to publicly disclose his private trades when he was making his blistering social media comments. The short seller's lawyer, James Spertus, argued in Friday's filing that there was no rule requiring such a disclosure and that Left's disclaimers already warned investors not to make assumptions. “The SEC cannot e
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- Passengers intervene on flight when man allegedly attacks woman next to him, video shows [FOX News][FOX News]
- Mark Cuban dishes on his best drunk American Airlines purchase [Yahoo! Finance][Yahoo! Finance]
- American Airlines Group Inc. (NASDAQ: AAL) had its price target raised by analysts at Evercore ISI from $10.00 to $12.00. They now have an "in-line" rating on the stock.[MarketBeat]
- American Airlines Group Inc. (NASDAQ: AAL) had its price target raised by analysts at TD Cowen from $7.00 to $9.00. They now have a "hold" rating on the stock.[MarketBeat]
- American Airlines Group Inc. (NASDAQ: AAL) had its price target raised by analysts at Jefferies Financial Group Inc. from $10.00 to $11.00. They now have a "hold" rating on the stock.[MarketBeat]
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SEC Filings
SEC Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 8/1/24 - Form 4
- AAL's page on the SEC website
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