Knightscope Files Lawsuit On Capybara Research For Short And Distort Practices
Portfolio Pulse from Benzinga Newsdesk
Knightscope, Inc. (NASDAQ:KSCP) has filed a lawsuit against Capybara Research for publishing misleading short reports intended to harm the company's reputation and antagonize its retail investors. Knightscope has identified the individual behind Capybara Research and is taking legal action. Additionally, Knightscope is suing Benzinga for republishing the false reports. The company has hired Mark R. Basile, Esq. and his firm to investigate and prosecute all claims.
December 21, 2023 | 2:33 pm
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Knightscope is aggressively pursuing legal action against Capybara Research and Benzinga for disseminating misleading information that could potentially damage the company's stock price and investor trust.
The lawsuit filed by Knightscope against Capybara Research and Benzinga indicates the company's proactive stance against short and distort practices, which could reassure investors and positively influence the stock price in the short term. The hiring of a known dilution funder combatant suggests a serious approach to the legal battle, potentially increasing investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100