Today, short-selling hedge fund Rocker Partners paid Overstock.com $5-million to settle the lawsuit filed against them in August of 2005. Rocker Partners also entirely dropped its own countersuit. This is a major victory for all public companies targeted by bear raiding hedge funds.
This is Part 3 of an ongoing series. Read Part 1 Read Part 2 A few years ago,…
Naked short selling and phantom stock causes the SEC to declare emergency; Joe Nocera and affiliated journalists continue to deny there is a problem.
As any engineer will attest, the key to an enduring structure is a solid foundation. Builders who choose…