Pirelli to Take Legal Action Against Short Seller Grizzly Research Over Allegations

Italian tire manufacturer Pirelli has instructed lawyers to take legal action against short seller Grizzly Research following a report alleging that Pirelli's Russian operations contribute more profit than disclosed. The company claims the allegations are false and aim to damage its reputation.

By Mike Sheen · CNBC ·

Pirelli to Take Legal Action Against Short Seller Grizzly Research Over Allegations

Tickers: $GT

Topics: Grizzly Research Pirelli Russia short seller allegations

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