IGC Pharma, Inc.: IGC Pharma Evaluates Potential Recovery Options as Federal Jury Verdict Brings Renewed Attention to 2018 IGC Short Campaign
IGC Pharma (NYSE American: IGC) said it is evaluating potential civil remedies after a federal jury verdict in United States v. Andrew Left found Left guilty of securities fraud. The indictment named IGC in an alleged 2018 short campaign. IGC will assess possible recoverable damages, including market value, reputational and operational harm, and legal costs. The SEC said Anson Advisors paid $2.25M in penalties tied to trading profits.




