Scorpion Capital@ScorpionFund

2 years ago

Lasertec $6920 (Tokyo) finally issued an absurd, one-sentence reply to our report - “we clearly deny the allegations of improper accounting practices.” We provided 330 pages of extensive evidence to the contrary, far beyond just accounting fraud. We suggest that they start with… https://t.co/VcY9L5Kxz6

Patrick McKenzie@patio11

2 years ago

A bit too busy this week to dig into details, and I can’t vouch for anything, but a purported accounting fraud in a Japanese semiconductor manufacturing equipment company is just too my beat to not point to: https://t.co/Cz1evVd5Gz

alphakΞY@alphaK3Y

2 years ago

There is a financial incentive here given that @ScorpionFund is an active short seller. We have seen this rodeo before. They will oversell the news even though the news may be short-term impactful. Whatever it is, corporate fraud is loved by those who benefit. https://t.co/2YQsyPOHmR