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HUDI.US
id: 435
On November 7, 2022, Huadi International Group (HUDI) shares dropped 91% after an announcement about sale of its stock to investors at $25 per share - an 86% discount to previous closing price.
Last week HUDI shares skyrocketed 716%.
Investors have grounds to suspect stock price manipulation, insider trading and breach of fiduciary duties by one or several involved parties.
Case Status
Attorney Investigation
Alleged Offence
Price manipulation,
Insider Trading,
Breach of Fiduciary duty,
Omissions
Suspected Party
Directors,
Management,
Shareholder,
Investment Bank,
Service Provider,
Hedge Fund
Security Type
Stocks
Trade Direction
Long
Shock Event Date
07 November 2022