Short-Seller Cohodes Sues MiMedx Over Defamation Claims
- Ex-MiMedx CEO was convicted of fraud, targeted whistle-blowers
- Company declines comment on suit, says it has new leadership
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A short-seller who sought to expose accounting fraud at skin-graft maker MiMedx Group Inc. claimed in a defamation lawsuit that the company waged an illegal campaign to discredit him, including hiring a private investigator to dig up bogus allegations about his activities.
Marc Cohodes filed the federal suit Wednesday in San Francisco against MiMedx, saying the snooping invaded his privacy, damaged his reputation and forced him to incur legal expenses. He’s seeking unspecified monetary damages. Also named as defendants were Daniel Guy, the chief investment officer at hedge fund Harrington Global, and Derrick Snowdy, a private investigator.