Silvercorp Defamation Ruling Could Open Can of Worms for Short-Seller Targets

, The Litigation Daily

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Last September Silvercorp Metals Inc. tried to turn the tables on short-sellers that bad-mouthed the company's stock by teaming up with K&L Gates and filing a defamation suit. It was an understandably aggressive response to a flurry of online reports that sent Silvercorp's shares plummeting. But was it a mistake?

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