Anavex Life Sciences Corp (AVXL)

[Snowy_Owl]

"Rosen Law has no grounds to bring a law suit."

That's kinda the point I was trying to make. In the instance I referenced a 12,000 word hit piece was published in Seeking Alpha and within three hours Rosen filed a 6,000 word class suit which was mostly cut and paste from the article. Their lead plaintiff was an administrative assistant who had bought shares a few days before the hit piece decimated the share price and 'lost' $1,200. She later backed out as lead plaintiff out so they found a different lead plaintiff who it turned out had been the lead plaintive in multiple other class suits.

Rosen is a "slip and fall" nuisance law firm that will sue for gazillions and settle out of court for 5-6 figures.

Side note: The author of the Seeking Alpha hit piece used the alias "Mako Research". Matt Gravitt's identity has been discovered and he is currently being sued by a company that was attacked by Mako Research. It was the same MO. Borrow shares, sell shares, drop a hit piece, and replace borrowed shares with cheap shares. Or hope to destroy share price to zero and avoid taxes.