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Jaguar Health provides update on possible illegal short selling
The Fly

Jaguar Health provides update on possible illegal short selling

Jaguar Health provided an update regarding the Company’s efforts to identify trading abnormalities in Jaguar’s publicly traded Common Stock that could be markers of potential illegal naked short selling. "As we announced in February, Jaguar engaged Shareholder Intelligence Services to help uncover and address potential trading abnormalities in an effort to ensure that those brokering and trading our stock are compliant with FINRA and SEC rules and regulations governing short selling," said Lisa Conte, Jaguar’s president and CEO. "This effort has identified slight trade imbalances that appear worthy of further scrutiny. We are committed to protecting the interests of our shareholders and maximizing shareholder value, and are continuing to engage ShareIntel to focus on this initiative. If this ongoing effort leads to any findings deemed to be material, the Company will update the market at that time."

Published first on TheFly

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