Global Tech Industries Group, Inc. Files Lawsuit Against Alpine Securities Corporation in Connection with Trading Activities in the Company's Shares
New York, NY, March 13, 2023 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has filed a lawsuit against Canaccord Genuity LLC, Credit Suisse Securities, (USA) LLC, Instinet LLC, Lime Trading Corporation and GTS, LLC in the United States District Court in the Southern District of New York. The complaint alleges various causes of action related to the spoofing of GTII’s shares, which resulted in a significant number of shares being sold at artificially depressed prices attributable to this illegal behavior.The Company is represented in the action by the Christian Levine Law Group and Warshaw Burstein, LLP, both of which have extensive expertise in stock fraud litigation.
David Reichman, CEO of the Company, stated “This action is another step in GTII’s efforts to protect the Company and its shareholders from continued market manipulation.”
Wes Christian, managing partner of the Christian Levine Law Group, stated “This case is yet another example of what we believe is illegal market manipulation by these defendants.”
About Global Tech Industries Group, Inc.:
GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here https://gtii-us.com/.
Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/
Safe Harbor Forward-Looking Statements:
Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.
Global Tech Industries Group, Inc.