EDITOR’S NOTE: We have not heard of Simeon Research. We were sent the following report from the firm. We would not normally publish research from an entity or person we are not familiar with but since Organovo Holdings Inc (NYSE:ONVO) “is a popular short” we decided to let readers view the note to decide for themselves. As always, caveat emptor.
UPDATE Friday 3/28/2014 9:52 AM EST
After speaking with our legal counsel we have decided to remove the post. We do not normally remove content unless there is a copyright infringement claim, which is backed by valid arguments. ONVO’s legal team claimed that the report contained too much information to make the content from ONVO fall into the category of fair use. We have never experienced this (nor has our legal counsel) and strongly disagree with the argument. However, to prevent further escalation and in the spirit of co-operating with ONVO we have decided to remove the content, as requested by the company.