Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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To: Sarmad Y. Hermiz who wrote (587)	12/24/2005 9:50:22 AM
From: rrufff	Read Replies (1) of 5034

Actually, that is an interesting concept. The Byrne action is a claim against Rocker and related parties for manipulation and related claims. An action against one's broker might lie as they have a duty to deliver shares paid for in the ordinary course of the business. Might be an interesting question to post on the NCANS board or bob O'brien's blog. There have been a number of cases, mostly unsuccessful, relating to actions against brokers but I don't think any of them asked for specific performance by delivery of certificates. Most seemed to be for damages or some type of manipulation theory. Again - interesting thought. Maybe it can lead somewhere.

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