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SAGE.US
id: 40
On June 15, 2021, an Analyst of financial company Truist Joon Lee published a negative investment note about SAGE clinical results.
On this news, SAGE shares dropped more than 19% and lost $835 million of its capitalization.
Taking into account the publicly available facts and analytics, there is reason to suspect that the analyst's work was at least unprofessional and negligent, and possibly the intention of price manipulation.
Case Status
Attorney Investigation
Alleged Offence
Misleading Statements
Price manipulation
Insider Trading
Malpractice
Negligence
Omissions
Suspected Party
Influencer
Investment Bank
Security Type
Stocks
Trade Direction
Long
Shock Event Date
15 June 2021
Collecting participants…