Fri, Apr 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves more

Global farm commodities supplier Olam sues Muddy Waters over ‘collapse’ claim

Posted on 22 November 2012

Global farm commodities supplier Olam International on Wednesday sued a US-based research firm and its founder for saying the company was in danger of collapse. In a filing with the Singapore Exchange after trading closed for the day, Olam said it “today initiated legal action in the High Court of Singapore against both Muddy Waters LLC and Carson Block”.
“The grounds are basically slander, libel and/or malicious falsehood,” Aditya Renjen, Olam’s general manager for investor relations, told AFP. He declined to respond when asked if Olam was seeking damages………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34696 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930