Spanish pharmaceutical
company Grifols said on Friday it had a filed a lawsuit in New
York against the founder of short-seller fund Gotham City
Research, Daniel Yu, and his company, seeking damages.
Form 6-K Grifols SA For: Jan 26 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Grifols Sues in NY Over Gotham City Short-Seller Report bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Shares of Grifols rallied 8% on Wednesday, after the short-seller who criticized the Spanish drug company’s accounting practices sharply reduced its negative.