Gorilla Technology Files Lawsuit to Confront False Allegations and Protect Shareholders

Core Viewpoint - Gorilla Technology Group Inc. has filed a lawsuit against Culper Research and its founder for making false and defamatory statements that have harmed the company's reputation and stock price [1][2][3] Group 1: Legal Action - The company is seeking compensatory and punitive damages from Culper Research and Christian Lamarco for the misleading statements made in a short report [1] - Gorilla Technology emphasizes its commitment to integrity and professionalism, stating that it will not tolerate false statements that harm its business [1][3] - The lawsuit is described as a clear message that the company will defend its credibility against defamatory attacks [3] Group 2: Impact of Culper's Report - Culper's report has caused significant harm to Gorilla, including an artificial depression of its stock price and damage to its reputation [2] - The accusations made in the report are characterized as baseless and malicious, suggesting a coordinated effort to mislead the public for profit [2] Group 3: Company Overview - Gorilla Technology Group Inc. is headquartered in London and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [4] - The company offers a range of solutions across various sectors, including Government, Manufacturing, Telecom, Retail, Transportation, Healthcare, and Education, utilizing AI and Deep Learning technologies [4][5] - Gorilla's expertise includes intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [5]