Nano Dimension's Dissident Shareholder Murchison Ltd.'s Owner, Marc Bistricer's Case Is Scheduled For Continued Hearing Processes During The Rest Of 2023 Before Capital Markets Tribunal In Canada
Portfolio Pulse from Happy Mohamed
Marc Bistricer, owner of Murchison Ltd. and a dissident shareholder of Nano Dimension Ltd. (NNDM), is facing a hearing before the Capital Markets Tribunal in Canada. Bistricer is accused of profiting from an illegal and abusive short selling scheme that violated Ontario securities law and was contrary to the public interest. The Ontario Securities Commission (OSC) is seeking orders for Bistricer to resign from director or officer positions, cease trading in any securities or derivatives, and not be allowed to acquire any securities permanently.
August 25, 2023 | 1:33 pm
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The ongoing legal case against Marc Bistricer, a shareholder of Nano Dimension Ltd., could potentially impact the company's reputation and stock price. The outcome of the case could also influence the company's future governance.
The legal case against Marc Bistricer, a shareholder of Nano Dimension Ltd., could potentially impact the company's reputation and stock price. Negative news about a company's shareholders can often lead to a decrease in investor confidence, which can in turn lead to a decrease in the company's stock price. Furthermore, the outcome of the case could influence the company's future governance, as the OSC is seeking orders for Bistricer to resign from director or officer positions.
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