Fake News & Short Sellers
\u201cFake news\u201d is nothing new, especially to corporations dealing with short sellers \u2013 investors who bet on falling stock prices, who have long been accused of deliberately spreading false information in order to drive bigger gains.
But the Securities & Exchange Commission has been surprisingly powerless in dealing with short sellers. Mike Dicke of Fenwick & West, who formerly worked for the SEC, discusses what companies can \u2013 and can\u2019t do \u2013 to combat fake news being spread by short sellers