Ampio Pharma (AMPE) Believes Short-Seller Allegations are 'Factually Inaccurate'

December 16, 2011 7:33 AM EST
Ampio Pharmaceuticals, Inc. (Nasdaq: AMPE) has issued a statement in response to recent publications about the Company by anonymous short sellers. The Company believes increased volatility and volume in its common stock is a result of factually inaccurate and materially misleading information being published on the internet about the Company. These anonymous publications disclose that the authors stand to benefit financially from a decline in Ampio's stock.

The Company is investigating the claims that were made and is evaluating potential legal recourse to protect the shareholders and officers of the Company.


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