Quantum BioPharma sues CIBC World Markets and RBC Dominion Securities for $700M in damages over alleged market manipulation.
Quantum BioPharma has initiated a federal lawsuit against CIBC World Markets and RBC Dominion Securities, claiming over $700 million in damages for alleged market manipulation through spoofing. The company, supported by Christian Attar Law Firm and Freedman Normand Friedland LLP, asserts that these practices significantly harmed its share price between January 2020 and August 2024. Additional banks may also be implicated in the alleged scheme.
October 21, 2024
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