(Evening Standard) Embattled French retailer Casino and parent Rallye on Thursday filed a criminal complaint with French prosecutors over British and American hedge funds shorting its shares. The firm accuses hedge funds of price manipulation, dissemination of false or misleading information and insider trading. Around 18 hedge funds have taken aim at the firm, Rallye has said, and Casino is the most heavily shorted stock in Europe.
Retail Giant Casino Escalates London Hedge Fund War With Criminal Complaint
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