Why MuddyWaters is Facing a Lawsuit
MuddyWaters is being sued by Solutions 30 due to what they call an aggressive short selling scheme against the company w/ baseless allegations linking the company to crime.
According to Bloomberg,
“The case is Solutions 30 Eastern Europe v. Muddy Waters Capital LLC, U.S. District Court, Northern District of California (San Francisco).”
This may be an important legal case to follow, and I believe may shed light on some of MuddyWaters Research’s activity.
Disclosure: Please keep in mind, everything I say is on an opinion based basis. This is not meant to be taken seriously or as actionable financial advice. Do your own due diligence and any trades/investments you do is at your own risk. We are not responsible, proceed with caution and we are trying to voice an opinion not meant to warrant action. This is solely meant to be viewed as a non actionable opinion not meant to be taken as seriously or as a form of actionable advice.