ALEX SPIRO FILES DEFAMATION SUIT AGAINST SHORT SELLER ON BEHALF OF TECNOGLASS
Tecnoglass (NYSE: TGLS) and its co-founders have filed a federal defamation lawsuit against short seller Christian Lamarco and Shadyside Partners (d/b/a Culper Research) in the Southern District of New York. The lawsuit alleges that Culper Research deliberately published false claims connecting Tecnoglass and its executives to the Sinaloa cartel.
The complaint states that Culper Research profited from short positions by spreading fabricated allegations based on supposedly "intelligence" documents that Mexican authorities have confirmed as inauthentic. The plaintiffs are seeking damages, attorneys' fees, and an injunction requiring removal and retraction of the defamatory statements.
Tecnoglass (NYSE: TGLS) e i suoi cofondatori hanno intentato una causa federale per diffamazione contro il venditore allo scoperto Christian Lamarco e Shadyside Partners (che opera come Culper Research) nel Distretto Meridionale di New York. La denuncia sostiene che Culper Research abbia pubblicato deliberatamente false accuse collegando Tecnoglass e i suoi dirigenti al cartello di Sinaloa.
Secondo il reclamo, Culper Research ha tratto profitto da posizioni short diffondendo accuse inventate basate su presunti documenti di 鈥渋ntelligence鈥� che le autorit脿 messicane hanno confermato non autentici. I querelanti chiedono risarcimenti, le spese legali e un provvedimento che imponga la rimozione e la ritrattazione delle dichiarazioni diffamatorie.
Tecnoglass (NYSE: TGLS) y sus cofundadores han presentado una demanda federal por difamaci贸n contra el vendedor en corto Christian Lamarco y Shadyside Partners (operando como Culper Research) en el Distrito Sur de Nueva York. La demanda alega que Culper Research public贸 deliberadamente afirmaciones falsas que vinculan a Tecnoglass y sus ejecutivos con el c谩rtel de Sinaloa.
La denuncia indica que Culper Research se benefici贸 de posiciones cortas al difundir acusaciones fabricadas basadas en supuestos documentos de "inteligencia" que las autoridades mexicanas han confirmado como no aut茅nticos. Los demandantes solicitan da帽os, honorarios de abogados y una orden que exija la eliminaci贸n y retractaci贸n de las declaraciones difamatorias.
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靻岇灔鞐� 霐半ゴ氅� Culper Research電� 氅曥嫓旖� 雼龟淡鞚� 歆勳渼臧� 鞎勲媹霛缄碃 頇曥澑頃� 鞚措ジ氚� "鞝曤炒" 氍胳劀毳� 攴缄卑搿� 臁办瀾霅� 順愳潣毳� 韻茧湪霠� 瓿惦Г霃� 韽靺橃溂搿� 鞚挫澋鞚� 鞏混棃雼�瓿� 頃╇媹雼�. 鞗愱碃霌れ潃 靻愴暣氚办儊, 氤�順胳偓牍� 氚� 氇呾槇頉检啇 氚滌柛鞚� 靷牅鞕� 鞝曥爼鞚� 鞖旉惮頃橂姅 旮堨氇呺牴鞚� 觳惮頃橁碃 鞛堨姷雼堧嫟.
Tecnoglass (NYSE: TGLS) et ses cofondateurs ont intent茅 un proc猫s f茅d茅ral pour diffamation contre le vendeur 脿 d茅couvert Christian Lamarco et Shadyside Partners (exer莽ant sous le nom Culper Research) dans le district sud de New York. La plainte affirme que Culper Research a d茅lib茅r茅ment publi茅 de fausses all茅gations reliant Tecnoglass et ses dirigeants au cartel de Sinaloa.
Selon la plainte, Culper Research a tir茅 profit de positions vendeuses en diffusant des accusations fabriqu茅es bas茅es sur de pr茅tendus documents de 芦 renseignement 禄 que les autorit茅s mexicaines ont confirm茅s comme inauthentiques. Les plaignants demandent des dommages-int茅r锚ts, les frais d'avocat et une injonction ordonnant la suppression et la r茅tractation des d茅clarations diffamatoires.
Tecnoglass (NYSE: TGLS) und seine Mitgr眉nder haben im Southern District of New York eine Bundesklage wegen Verleumdung gegen den Leerverk盲ufer Christian Lamarco und Shadyside Partners (taket Culper Research) eingereicht. Die Klage behauptet, Culper Research habe vors盲tzlich falsche Behauptungen ver枚ffentlicht, die Tecnoglass und seine F眉hrungskr盲fte mit dem Sinaloa-Kartell in Verbindung bringen.
Die Beschwerde f眉hrt aus, dass Culper Research durch das Verbreiten erfundener Vorw眉rfe, gest眉tzt auf angebliche "Geheimdienst"-Dokumente, von Short-Positionen profitiert habe 鈥� Dokumente, die mexikanische Beh枚rden als nicht authentisch best盲tigt haben. Die Kl盲ger verlangen Schadensersatz, Anwaltskosten und eine Unterlassungsanordnung zur Entfernung und Widerruf der diffamierenden Aussagen.
- None.
- Stock price and company reputation damaged by short seller allegations
- Legal proceedings could be lengthy and costly
- Negative publicity from allegations may continue to affect market perception
Insights
Tecnoglass's defamation lawsuit against Culper Research could help restore reputation damaged by alleged false cartel claims that hurt stock price.
This defamation lawsuit represents a significant countermeasure by Tecnoglass against what they claim are fabricated allegations connecting the company to the Sinaloa cartel. The suit was filed in the Southern District of New York by high-profile attorney Alex Spiro against Christian Lamarco and Shadyside Partners (operating as Culper Research). The complaint specifically alleges that Culper Research profited from short positions by publishing these damaging claims, which were sourced from documents the Mexican government has officially declared inauthentic.
From a legal perspective, this case hinges on several critical elements. For a defamation claim to succeed, Tecnoglass must prove the statements were false, published to third parties, and caused actual damages. The press release indicates the report had an immediate negative impact on Tecnoglass's share price, which helps establish the damages component. The plaintiffs are seeking monetary damages, attorneys' fees, and an injunction requiring removal and retraction of the statements.
Notably, the complaint mentions this isn't Lamarco and Culper Research's first defamation lawsuit, which could potentially strengthen Tecnoglass's case by establishing a pattern of behavior. The selection of the Southern District of New York as venue is strategic, as it's a prestigious court with significant experience handling complex financial cases. The retention of Quinn Emanuel, described in the release as a formidable litigation firm with impressive trial statistics (86
The filing asserts that Culper Research profited from short positions by spreading fabricated allegations sourced from purported "intelligence" documents that the Mexican government has publicly confirmed are inauthentic.
The complaint also notes this is not the first time Lamarco and Culper Research have faced defamation suits of this nature. The report caused immediate damage to Tecnoglass's share price and reputation. The plaintiffs seek damages, attorneys' fees, and an injunction requiring the removal and retraction of the defamatory statements.
The case is Tecnoglass Inc. v Lamarco, 25-cv-7450,
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FAQ
What legal action has Tecnoglass (TGLS) taken against Culper Research?
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