Short seller Capybara Research must retract and remove references to its report on Safety Shot Inc. under a default judgment in the drink maker’s market manipulation and business interference suit, a federal court ruled.
Another defendant, Accretive Capital LLC, which does business as the financial news site Benzinga, agreed to retract its own story in a settlement with Safety Shot, according to a press release Tuesday. Judge Jed S. Rakoff of the US District Court for the Southern District of New York granted the default judgment against Capybara, and the Benzinga dismissal, on Monday.
- Safety Shot alleged Capybara violated ...
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