Innovation Pharmaceuticals Inc (IPIX)

[DaubersUP]

In particular, and as explained in much greater detail below, Defendants conspired to drive down the price of stock by timing the publication of false and misleading hit pieces with illicit, manipulative trading tactics and quoting activity, including “naked” short sales. Abeona takes Defendants’ illegal profit-scheme seriously, and intends to counter it on all fronts. Abeona brings the instant action seeking damages and injunctive relief.