Litigation Update - Knightscope Authorized to Serve Notice of Action Against Capybara Research by Public Disclosure and Press Release Pursuant to Court Order [Yahoo! Finance]
Knightscope, Inc. - Class A (KSCP)
Company Research
Source: Yahoo! Finance
a federal lawsuit in the United States District Court for the Southern District of New York, Knightscope, Inc. v. Capybara Research et. al. , Case No. 1:23-cv-11050-DLC (the "Action") against Capybara Research, Igor Appelboom ("Appelboom," and together with Capybara Research, the "Capybara Defendants"), and Accretive Capital LLC d/b/a Benzinga. Capybara Research is a short selling research firm that writes and publishes what the Company believes are malicious and defamatory articles – known as "short seller reports" – devised to negatively impact the share prices of publicly traded companies in which Capybara Research and its owner, Appelboom, hold a short position. The Action alleges that the Capybara Defendants take short positions in publicly traded companies and release fraudulent, disparaging reports in order to drive the company's stock price down for their own financial benefit. In July and August of 2023, the Capybara Defendants posted to X ( f/k/a Twitter) links to two alle
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KSCP
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 10-K/A
- 4/26/24 - Form 8-K
- KSCP's page on the SEC website