Cassava Sciences

Are Activist Short Sellers Misunderstood? (NYT)

Penumbra

Shares of medical device maker Penumbra tank after short seller releases critical report

Sun Corporation

Short Activist Hedge Fund Says Buy This Japan-Listed Cybersecurity Stock

Cybersecurity Stocks Will Do Well: Quintessential Capital

Akazoo

Akazoo Shares Tumble After Report From Short Activist Hedge Fund Quintessential Capital

Akazoo Special Committee Determines Former Akazoo Management and Associates Participated in Sophisticated Multi-Year Fraud

Bio-on

Italy’s Bio-on shares hit hard on allegations of accounting flaws (Reuters)

Italy’s Unicorn Stumbles as Fund Report Leads to Founder Arrested

(Bloomberg)

UPDATE 2-Italy’s Bio-on CEO arrested in “Plastic Bubbles” probe (CNBC)

Globo Plc:

Il crac alla City della “Parmalat greca”, smascherata dai detective del fondo 007 (La Repubblica)

Globo’s CEO, CFO Resign After Unveiling Falsified Financial Data (Bloomberg)

Folli Follie:

Folli Follie Owner Shares Slump as Short Seller Questions Reach (Bloomberg)

Folli Follie Says Probe Found Asia Sales Overstated by 90% (Bloomberg)

Video of Presentation (Kase Learning, NYC May 2018)

Aphria:

Video of Presentation (Kase Learning, NYC December 2018)

Cannabis Company Craters After Shortseller Calls It a ‘Black Hole’ (Bloomberg)

Cannabis group’s shares are smoked after attack by shortseller (Financial Times)

Aphria short-seller Grego speaks out as pot firm vows ‘complete rebuttal’ (BNN)

Pot Producer Aphria’s CEO to Step Down Following Short-Seller Allegations (Bloomberg)

Quintessential Capital CIO Grego on Aphria, Strategy (Bloomberg)

American Addiction Centers (AAC)

It’s a Castle of Cards (Seeking Alpha)

Massive Sell-Off in AAC Holdings (Wall Street Journal)

Allergan

Long Thesis For Allergan (Value Walk)

Wall Street’s Response to AbbVie Deal Undercuts CEOs’ Pitch (Bloomberg)