Abaxx calls for probe, hires Paul Weiss after short seller’s attack (opens original article in a new tab)

Abaxx Technologies Inc. is seeking a regulatory investigation into its stock trading after being targeted by short seller Viceroy Research, which questioned the company's trading volume and technology infrastructure. The company has hired Paul Weiss and contacted Canadian and Singaporean regulators, while its shares have dropped 25% since June 10.

• Abaxx calls for regulatory probe into alleged manipulative trading following short seller Viceroy's attack
• Abaxx hired law firm Paul Weiss and contacted Canadian and Singaporean regulators over allegations
• Shares of Abaxx fell 25% since June 10 after Viceroy disclosed short position
• Abaxx denied allegations, stating they are false and part of a 'short-and-distort' campaign