And Then There Was Mills - Mother Jones
At the start of last week, there were four members of Congress at risk of expulsion due to allegations of severe misconduct. Two of those members, Reps. Tony Gonzales (R-Texas) and Eric Swalwell (...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Core Scientific, Inc. (CORZ) on Behalf of Investors - Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Core Scientific, Inc. (“Core Scientific” or the “Company”) (NASDAQ: CORZ) investors concerning the Company’s possible violations of the federal securities laws.
“insiders have abandoned any pretense of care for minority shareholders.”
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If you suffered a loss on your Core Scientific investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/core-scientific-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
On March 3, 2022, Culper Research issued a report alleging, among other things, that Core Scientific "has wildly oversold both its mining and hosting businesses, which it cobbled together in a series of questionable transactions before dumping onto the market via SPAC." Moreover, the Company had “waived the 180-day lockup on over 282 million shares, making them free to be dumped just 5 trading days” from the time of the report, showing that “insiders have abandoned any pretense of care for minority shareholders."
On this news, Core Scientific’s stock fell $0.72, or 9.4%, to close at $6.98 on March 3, 2022, thereby injuring investors.
Then, on...
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