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RCMP reluctant to talk to media about emergency alert: MCC – CTV News Atlantic

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Much was made over the failure to issue an emergency alert during the Nova Scotia mass shooting two years ago.

Now, Mass Casualty Commission documents show how frustrated RCMP leadership was over constant questioning about the decision.

“The reason why the RCMP didn’t ask would be a question for them, and not for us,” said former Nova Scotia premier Stephen McNeil on April 21, 2020.

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Two days after the shootings, McNeil indicated that while the province had been ready to send an alert, the RCMP didn’t provide the message.

The head of communications for the Nova Scotia RCMP, Lia Scanlan, later told the Mass Casualty Commission in a transcribed February 2022 interview:

“…the implication that had been made by the province – ah, it pisses me off to no end.”

“Because…he changed the narrative. He did.”

Soon after the shootings, some in the RCMP were tiring of questions about it.

In an April 21 email, made public by the inquiry, one RCMP inspector shared his frustration over the “incessant questioning” from media.

Inspector Rob Bell offers to call Chief Supt. Chris Leather to provide “perspective to help shut this line of questioning down.”

That same day, the force’s communications team was working out its messaging on the matter for Leather’s statement on April 22.

“We were in the process of preparing an alert when the gunman was shot and killed by the RCMP,” he said.

An earlier draft of his comments mentioned RCMP conducting a “thorough review of all RCMP actions over the course of this incident” including around public alerting, but that wasn’t included the final version for the public.

“Maybe they felt they didn’t want to make any suggestion that perhaps something was wrong,” says Dalhousie University professor emeritus of law, Wayne MacKay.

It took almost two years after the killings for the RCMP to put a national alerting policy in place.

“That’s very upsetting and disappointing to our clients,” says lawyer Robert Pineo, who represents the relatives of victims.

Pineo adds families still want to know why that policy wasn’t put in place sooner.

“We want to fully explore the decision to not employ the ready alert as a matter of policy.”

That’s one question among many Pineo is hoping will be answered when top RCMP officials give evidence in the coming weeks at the Mass Casualty Commission.

Public proceedings resume next Tuesday in Halifax. 

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Trump Media warns Nasdaq of suspected market manipulation – CNN

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New York
CNN
 — 

Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.

In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.

Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.

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The letter was made public Friday in a filing with the Securities and Exchange Commission.

Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”

“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.

Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.

The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.

Shares of company have been on a wild ride since.

Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.

Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.

Shares of the company ended Friday’s session about 9.6% higher.

This story has been updated with additional developments and context.

CNN’s Nicole Goodkind contributed to this report.

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Bitcoin halving, Trump Media stock falling, and banks rising: Markets news roundup – Quartz

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Donald Trump

Photo: Marco Bello (Reuters)

Trump Media & Technology Group said it will issue millions more shares, sending its stock plunging again.

The company behind former President Donald Trump’s Truth Social platform said in a Securities and Exchange Commission filing that it is registering the resale of up to almost 21.5 million new shares of common stock issuable upon the exercise of warrants, up to about 146 million shares of common stock, and up to about 4 million warrants to purchase common stock. Certain shares held by insiders may still be restricted from trading until the expiration of a lock-up agreement 5-6 months after the date of the IPO.

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Trump Media warns Nasdaq of suspected market manipulation – CNN

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 on



New York
CNN
 — 

Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.

In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.

Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.

300x250x1

The letter was made public Friday in a filing with the Securities and Exchange Commission.

Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”

“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.

Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.

The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.

Shares of company have been on a wild ride since.

Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.

Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.

Shares of the company ended Friday’s session about 9.6% higher.

This story has been updated with additional developments and context.

CNN’s Nicole Goodkind contributed to this report.

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