No, wondering about the case where the shorts were acting in a public and illegal manner and the SEC did not indict anyone. Is that not an SEC priority or is there a policy to let it go? Is there more "untouchable" aspect going on? Is the bar of proof too high? They certainly have gone after insider trading in recent times.
> The SEC’s complaint charges that Gregory Lemelson and Massachusetts-based Lemelson Capital Management LLC issued false information about Ligand after Lemelson took a short position in Ligand in May 2014 on behalf of The Amvona Fund, a hedge fund he advised and partly owned.
> The SEC alleges that five months ago, Berliner disseminated the false rumor through instant messages to numerous individuals, including traders at brokerage firms and hedge funds. The false rumor also was picked up by the media.
