In a press release from Meta Materials, they announce that the investigation with Wes Christian has produced the data they need to prove market manipulation.

The press release is below.

Highlights:

-Meta says that they have completed their preliminary analysis into naked short selling

-Since June 2023 they have concluded that META has “meritorious claims for market manipulation against several parties”

-Attorney Wes Christian reports “I believe META has an actionable case in connection with its MMAT/MMTLP claims. We look forward to working with the company.”

-Meta CEO Jack Harding says “We needed all available data…..and we are now equipped with the necessary information to act and will be further sharing these findings with regulatory agencies.”

Harding also says that “we expect to file legal proceedings in the coming quarters against the responsive financial service firms.”

The full press release is available here.

That was quite a long investigation, and the future outlook for Meta Materials is murky at best, but we hope they continue with this investigation and legal recourse for both MMTLP and MMAT.

Our comments, In summary — “TOLD YOU SO!”