SEC charged investment adviser Sabby Mgmt LLC+ managing partner,Hal D. Mintz, w/ fraud in connection w/ a long running scheme involving misrepresentations & violations of rules for short selling & order making, + other violative trading, that generated $2M + in illegal profits.
They repeatedly circumvented trading rules to conduct unlawful trades in the stock of 10 PUBLIC COMPANIES. They improperly placed short sales when they knew or were reckless in not knowing that they had not borrowed or located the shares, & then failed to timely deliverof the shares. https://www.sec.gov/news/press-release/2023-107
These specific, targeted allegations are sufficient to disavow the contradictory statements in the attached MRTPA in which
Philip Morris Self-Reported that its products do not combust. "Less Combustion = No Combustion" (based on Nonsense)
We thus hold that, in its original complaint,$HCMC stated a valid claim for patent infringement under Eleventh Circuit law notwithstanding attachment of the MRTPA exhibit. II