BRIEF-Muddy Waters Files Lawsuit Against Mota Engil In US Court For Defamation

Mota Group, Inc. 0.00%

Mota Group, Inc.

MOTA

9.99

0.00%

March 16 (Reuters) - Mota Engil SGPS SA MOTA.LS :

  • SAID ON SATURDAY, MUDDY WATER FILED CIVIL LAWSUIT IN UNITED STATES' COURT TO HOLD CEO AND MOTA ENGIL LIABLE FOR DEFAMATION

  • DEFAMATION BASED ON STATEMENT IN WHICH MUDDY WATERS CONDUCT WAS DESCRIBED AS MARKET MANIPULATION IN INTERVIEW WITH NEWSPAPER EXPRESSO IN 2024

  • REQUESTS SUMMARY DISMISSAL OF LAWSUIT BASED ON LACK OF MERIT IN CLAIMS

  • REAFFIRMS COMPLIANCE WITH IFRS AND DISCLOSURE REQUIREMENTS

  • REAFFIRMS ACCURACY OF REPORTS AND ADHERENCE TO GOVERNANCE REQUIREMENTS


Source text
Further company coverage: MOTA.LS


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.