Nomura fired one of its elite bond traders after accusing him of spoofing, leaving him working alone in a smoky cafe in Tokyo.So he decided to use what he calls “toilet graffiti” to tell the world his side of the story https://t.co/ez2NSlYG6C📷: Takaaki Iwabu/Bloomberg https://t.co/vK1CKROAWq ...

Nomura fired one of its elite bond traders after accusing him of spoofing, leaving him working alone in a smoky cafe in Tokyo. So he decided to use what he calls “toilet graffiti” to tell the world his side of the story. https://t.co/PbpIo5gk1v ...

Core Viewpoint - Mullen Automotive Inc. has achieved a significant legal victory as a federal judge denied the motion to dismiss a lawsuit against IMC, Clear Street, and UBS, allowing the case to proceed into full discovery [1][4]. Group 1: Legal Proceedings - The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that between November 5, 2021, and November 15, 2023, the defendants engaged in high-frequency algorithmic trading to manipulate Mullen's stock, violating multiple sections of the Securities Exchange Act of 1934 [2]. - The court found that Mullen had adequately identified actions that differentiated the defendants from typical market participants, noting the high volume of sell orders that were canceled and the subsequent purchase of shares at depressed prices [4]. - The lead lawyer for the plaintiffs expressed optimism about commencing discovery to reveal the defendants' manipulative trading practices that have harmed Mullen and its shareholders [5]. Group 2: Company Overview - Mullen Automotive is an electric vehicle manufacturer based in Southern California, with two vehicle plants located in Tunica, Mississippi, and Mishawaka, Indiana [7]. - The company began commercial vehicle production in Tunica in August 2023, with its Mullen ONE and Mullen THREE models certified for sale in the U.S. as of January 2024 [7]. - Mullen's commercial dealer network consists of seven dealers across key markets in the U.S., enhancing its sales and service coverage [8].