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Investigative News Program W5 Airs Final Segment on USD $700 Million Stock Market Manipulation Lawsuit of Quantum Biopharma Involving CIBC and RBC
Globenewswire· 2025-12-01 12:00
Core Insights - Quantum BioPharma Ltd. is involved in a USD $700 million lawsuit against CIBC and RBC, alleging stock market manipulation through "stock spoofing" [2][3] - The company emphasizes the importance of addressing stock market manipulation for the benefit of shareholders and the integrity of publicly traded companies [3] Company Overview - Quantum BioPharma is a biopharmaceutical company focused on innovative treatments for neurodegenerative and metabolic disorders, including multiple sclerosis (MS) [4] - The company is developing its lead compound, Lucid-MS, which aims to prevent and reverse myelin degradation in MS [4] - Quantum BioPharma retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is associated with its product unbuzzd™ and has a royalty agreement that could yield up to $250 million [4] Legal and Regulatory Context - The investigative series by CTV News highlights a trend of increasing market manipulation cases in Canada, underscoring the relevance of Quantum BioPharma's legal actions [2][3] - The company is actively encouraging whistleblowers to come forward with information regarding illegal market manipulation, offering rewards up to USD $7 million [3]
REPEAT: Award-winning Investigative News Program W5 Airs Part 2 of 3-part Television Series on Alleged Stock Market Manipulation of Quantum Biopharma Involving Two of Canada’s Largest Banks, CIBC and RBC
Globenewswire· 2025-11-28 14:30
Core Insights - Quantum BioPharma Ltd. is involved in a significant legal battle against CIBC and RBC, alleging stock market manipulation through "stock spoofing," which has led to a USD $700 million lawsuit [2][4]. - The investigative series aired by CTV News highlights the impact of stock spoofing on retail investors and the broader implications for market integrity [2][4]. Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, with its lead compound, Lucid-MS, showing promise in reversing nerve cell degradation associated with multiple sclerosis [5]. - The company retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is involved in the development of a product called unbuzzd™, and has a royalty agreement that could yield up to $250 million [5]. Legal Context - The lawsuit against CIBC and RBC is based on allegations that these banks facilitated stock spoofing, with claims that over 16 million illegal orders were placed through their trading platforms [4]. - The company aims to use the exposure from the lawsuit to protect other firms and investors from similar experiences of market manipulation [4].
Award-winning Investigative News Program W5 Airs Part 2 of 3-part Television Series on Alleged Stock Market Manipulation of Quantum Biopharma Involving Two of Canada's Largest Banks, CIBC and RBC
Globenewswire· 2025-11-27 21:00
Core Viewpoint - Quantum BioPharma Ltd. is involved in a significant legal battle against CIBC and RBC, alleging stock market manipulation through "stock spoofing," with a lawsuit amounting to USD $700 million [2][4]. Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, including its lead compound, Lucid-MS, which has shown potential in reversing nerve cell degradation associated with multiple sclerosis [5]. - The company retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is linked to its product unbuzzd™, and has a royalty agreement that could yield up to $250 million [5]. Legal Context - The ongoing lawsuit against CIBC and RBC is based on allegations that these banks facilitated stock spoofing, with claims that over 16 million illegal orders were placed through their platforms [4]. - The investigative series by CTV News highlights the broader implications of stock spoofing on retail investors and the integrity of the market [2][4].
Award-winning Investigative News Program W5 Airs Part 2 of 3-part Television Series on Alleged Stock Market Manipulation of Quantum Biopharma Involving Two of Canada’s Largest Banks, CIBC and RBC
Globenewswire· 2025-11-27 21:00
Core Viewpoint - Quantum BioPharma Ltd. is involved in a significant legal battle against CIBC and RBC, alleging stock market manipulation through "stock spoofing," with a lawsuit amounting to USD $700 million [2][4]. Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, including its lead compound, Lucid-MS, which aims to prevent and reverse myelin degradation associated with multiple sclerosis [5]. - The company retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is linked to its product unbuzzd™, and has a royalty agreement that could yield up to $250 million [5]. Legal Context - The ongoing lawsuit against CIBC and RBC is based on allegations that these banks facilitated stock spoofing, with claims that over 16 million illegal orders were placed through their platforms [4]. - The investigative series by CTV News highlights the broader implications of stock spoofing on retail investors and the integrity of the market [2][4].
Quantum Biopharma’s USD $700 Million Lawsuit Alleging Stock Market Manipulation Subject of 3-part Series Investigative News Program W5
Globenewswire· 2025-11-25 21:00
Core Insights - Quantum BioPharma Ltd. is facing allegations of stock market manipulation, which has led to a USD $700 million lawsuit against CIBC and RBC, two of Canada's largest banks [2][3]. Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, including its lead compound, Lucid-MS, which aims to prevent and reverse myelin degradation associated with multiple sclerosis [4]. - The company retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is involved in the development of a product called unbuzzd™, and has a royalty agreement that includes 7% of sales until total payments reach $250 million, after which the royalty rate drops to 3% [4]. Industry Context - The investigative series by CTV News highlights the illegal practice of "stock spoofing," which is a form of market manipulation that affects retail investors and can derail important research and development efforts in the biopharmaceutical sector [2][3].
Quantum Biopharma's USD $700 Million Lawsuit Alleging Stock Market Manipulation Subject of 3-part Series Investigative News Program W5
Globenewswire· 2025-11-25 21:00
Core Insights - Quantum BioPharma Ltd. is facing allegations of stock market manipulation, which is the focus of a three-part investigative series by CTV News' W5 [1][2] - The company has filed a USD $700 million lawsuit against CIBC and RBC, two of Canada's largest banks, related to these allegations [2] Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative treatments for neurodegenerative and metabolic disorders, including its lead compound, Lucid-MS, which aims to prevent and reverse myelin degradation associated with multiple sclerosis [4] - The company retains a 19.86% ownership stake in Unbuzzd Wellness Inc., which is involved in the development of a product called unbuzzd™, and has a royalty agreement that includes 7% of sales until total payments reach $250 million, after which the royalty rate drops to 3% [4] Legal Context - The investigative series highlights the illegal practice of "stock spoofing," which has reportedly harmed retail investors and is central to Quantum BioPharma's legal claims [2][3] - CEO Zeeshan Saeed emphasized the importance of addressing stock market manipulation to protect other companies and their stakeholders from similar experiences [3]