ShadowFall seeks truths hidden by aggressive corporate accounting, flawed business models and unethical practices within companies listed in the UK and major European Equity Markets; identifying situations where the market value exceeds intrinsic value.
ShadowFall has published an open letter with enclosure, in which we elaborate on new concerns we have with Civitas’ response. We also invite Civitas’ major shareholders, sector specialists, the regulator, and other key stakeholders in the Specialist Supported Housing sector to discuss these matters in a round table event. Members of Civitas’ board are of course welcome too.
In his article for the UK’s Daily Telegraph Matthew Earl discusses how activist short-sellers were among the few who raised the alarm about Wirecard, Germany’s largest accounting scandal and as such.