A Short Story About Short Selling
|Area||Corporate Finance and Securities|
Article originally published in the Canadian Lawyer Magazine, February 2019
Excerpt from "A Short Story About Short Selling":
The Alberta case Re Cohodes focused on shortsale allegations. The Alberta Securities Commission, having concluded that there was prima facie evidence that social media disclosure disseminated by a short seller was untrue, focused on whether the disinformation campaign was effective, and whether, somewhat ironically, the enforcement against the short seller should fail because he was not sufficiently influential, and his information was not sufficiently credible, to have had any effect on the market.