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Applied UV engages services to investigate potential illegal short selling
The Fly

Applied UV engages services to investigate potential illegal short selling

Applied UV announced that it has engaged the services of Herrick, Feinstein LLP to investigate potential illegal short selling of the company’s stock. Applied UV has reason to believe that market participants may have engaged in illegal short selling practices, which could adversely impact the market integrity of the company’s stock. "We are concerned that there may have been certain illegal activities with respect to the trading of our securities, which we cannot tolerate," said Max Munn, CEO of Applied UV, Inc. "Accordingly, on behalf of the Company, we have engaged outside counsel to aggressively investigate these activities and take whatever steps that are appropriate to protect the Company and its shareholders."

Published first on TheFly

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