Not going to miss out on that : Houston investors cash in on GameStop stock By Marcy de Luna, Staff writer
Saif Maknojia, the owner of a Houston rooftop company, bought 100 shares of the videogame retailer GameStop Tuesday. He sold it Friday and tripled his money.
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His investment strategy, however, had nothing to do with profit, loss or sales. It was all about putting it to the man.
“For a while now, big hedge funds and banks have been shorting companies that are going under,” said Maknojia, 24, owner of Origin Roofing & Metal. “Profiting off of people’s losses, especially during the pandemic, it is upsetting when you see these companies going out of business. You want to get back at them.”
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Law Firm Can t Escape Negligence Suit Over PIP Claims
Law360, London (December 15, 2020, 8:23 PM GMT) A law firm lost a bid Tuesday to get out of a negligence suit over its handling of an underinsured cosmetic surgery center s defense to claims brought by hundreds of women who sued over defective breast implants that led to a global scandal.
Judge Milwyn Jarman QC rejected Berrymans Lace Mawer LLP and Jonathan Waite QC s applications for strike out and summary judgment in a lawsuit accusing them of giving negligent advice to Transform Medical Group CS Ltd. in litigation brought by women who had been given breast implants containing non-medical-grade silicone.